South Korean retail giant Lotte Shopping posted a 15.4% year-on-year drop in first-quarter profits, after year-ago earnings were boosted by a one-off gain from the disposal of assets.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Net income totalled KRW192.3bn (US$143m) in the three month period, down from KRW227.3bn in the first quarter of last year, the company said in a regulatory filing today (23 April).


Sales were up 7.3% year-on-year, rising to KRW2.8trn, while operating profit increased 11.5% to KRW228.8bn.


 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now