Lotte Shopping Q1 Operating Profit 61.8 Billion KRW... Up 18.5% YoY

[Asia Economy Reporter Lim Chunhan] Lotte Shopping announced on the 10th that its consolidated operating profit for the first quarter of this year was preliminarily estimated at 61.8 billion KRW, an increase of 18.5% compared to the same period last year.

Sales amounted to 3.88 trillion KRW, a decrease of 4.8% compared to the same period last year. Net loss was 40.6 billion KRW, reducing the deficit.