Lifestyle

LOTTE SHOPPING CO., LTD. Reports 2nd-Quarter Operating Profit of 89.9 Billion Won… Up 121% Year-Over-Year (First Report)

Revenue of 3.485 trillion won… up 4% year-over-year

Han Jeon-jin
2026-08-07 09:05:06
[Edaily Reporter Han Jeon-jin ] Lotte Department Store ( LOTTE SHOPPING CO., LTD.(023530)) announced on the 7th that its consolidated operating profit for the second quarter of this year was 89.9 billion won, a 121.2% increase compared to the same period last year. Revenue rose 4% to 3.485 trillion won, and net income stood at 14.6 billion won, marking a return to profitability.
A view of the Lotte Department Store flagship store (Photo courtesy of Lotte Department Store)

Economy

Corporation

IT·Science

Economy

“Credit Ratings Are Not Guarantees of Principal… Investor Perceptions Must Also Change”

There are calls for the public to recognize that credit ratings are not a guarantee of principal repayment on corporate bonds, but rather an indicator of a company’s risk of default. While credit rati…
2026-08-07 06:16:04

Corporation

LOTTE SHOPPING CO., LTD.’s Second-Quarter Operating Profit Soars 121%… Driven by ‘Department Stores and Foreign Investors’ (SANG BO Co.,Ltd.)

LOTTE SHOPPING CO., LTD.(023530)Lotte Shoppingposted double-digit sales growth and more than doubled its operating profit in the second quarter of this year, driven by strong performance at its depart…
2026-08-07 09:15:53

IT·Science

Naver: "N Pay Connect to Reach 130 Trillion Won in Offline Payments Within 5 Years" [Conference Call]

Naver (NAVER(035420)) is accelerating its push into the offline payment market. Led by its integrated offline payment terminal, “N Pay Connect,” the company has set a goal to expand the scale of Naver…
2026-08-07 09:45:58