StocksMedium•6 November 2026•
1 min read
Lotte Shopping Swings to Q3 Profit on Overseas and Retail Strength
Key Facts
1Lotte Shopping reported a net profit of 142.4 billion won in Q3, swinging from a net loss in the same period last year.
2The company's operating profit rose 34.5 percent to 175.6 billion won during the third quarter.
Lotte Shopping reported a net profit of 142.4 billion won in the third quarter of 2026, swinging from a net loss in the same period last year. Yonhap News Agency reported that the company's operating profit rose 34.5 percent to reach 175.6 billion won during the quarter.
The financial recovery was fueled by increased spending from foreign tourists at domestic department stores and robust performance of hypermarkets in Vietnam. The results reflect the company's strategic focus on Southeast Asian expansion to drive overseas revenue growth.