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LOTTE Full-Year Loss Narrows, But Sales Decline

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

LOTTE Corporation (004990.KS) on Monday reported a narrower annual loss despite a decline in revenue for the period.

The company posted net loss from continuing operations before income tax of 474.184 billion won, compared with a loss of 886.623 billion won previously.

Operating income fell to 239.439 billion won from 340.469 billion won a year earlier.

Net loss attributable to shareholders of the parent company was 647.553 billion won, compared with a loss of 1.0188 trillion won in the previous year.

Sales declined to 15.5396 trillion won from 15.7569 trillion won previously.

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