Lotte Shopping (KRX:023530) 2024 Q2 Financial Results
Key Financial Results
Revenue: KRW 3.43 trillion (down 5.4% from 2Q2023). Net loss: KRW 90.8 billion (down 183% from KRW 109.5 billion profit in 2Q2023). Loss per share: KRW 3,296 (down from KRW 3,798 profit in 2Q2023). KOSE:A023530 Revenue and Sales Growth August 18, 2024
All figures shown in the chart above are for the trailing twelve month (TTM) period.
Lotte Shopping Revenue Analysis
Going forward, revenue is expected to grow at an average annual rate of 2.3% over the next three years, outpacing the 4.9% growth forecast for South Korea’s multi-line retail industry.
Performance of Korea’s diverse retail industry.
The company’s shares are up 1.7% from a week ago.
Risk Analysis
Finally, we’ve spotted 1 warning sign for Lotte Shopping you should be aware of.
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This article by Simply Wall St is of general nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell a stock, and does not take into account your objectives or financial situation. We aim to provide long-term analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned herein.
