Lotte Hi-Mart Q3 Operating Profit 686 Million KRW...98.7% Decrease YoY

[Asia Economy Reporter Lim Chunhan] Lotte Hi-Mart announced on the 3rd that its consolidated operating profit for the third quarter of this year was tentatively estimated at 686 million KRW, a decrease of 98.7% compared to the same period last year.

Sales amounted to 873.86 billion KRW, down 16% from the same period last year. The net loss for the period was 370.295 billion KRW.