Lotte Hi-Mart Reports Operating Loss of 25.8 Billion KRW in Q1... Losses Widen

Lotte Hi-Mart announced on the 4th that its operating loss for the first quarter widened to 25.8 billion KRW compared to the previous year. Sales amounted to 626.1 billion KRW, a 25% decrease from the previous year. The net loss for the period was 18.1 billion KRW, also showing a wider loss compared to the same period last year.