Lotte Shopping Full Year 2024 Earnings: ₩34,806 loss per share (vs ₩5,794 profit in FY 2023)

Lotte Shopping (KRX:023530) Full Year 2024 Results

Key Financial Results

• Revenue: ₩14t (down 3.9% from FY 2023).
• Net loss: ₩984.0b (down from ₩163.8b profit in FY 2023).
• ₩34,806 loss per share (down from ₩5,794 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lotte Shopping Earnings Insights

The primary driver behind last 12 months revenue was the Hypermarkets segment contributing a total revenue of ₩5.58t (40% of total revenue). Notably, cost of sales worth ₩7.25t amounted to 52% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to ₩6.26t (81% of total expenses). Explore how A023530's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Multiline Retail industry in South Korea.

Performance of the South Korean Multiline Retail industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Lotte Shopping, and understanding this should be part of your investment process.

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