Lotte Shopping Co., Ltd. Provides Earnings Guidance for the First Quarter of 2012
May 23, 2012 at 04:12 am EDT
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Lotte Shopping Co., Ltd. provided earnings guidance for the first quarter of 2012. For the period, the company estimated consolidated sales of KRW 5,991,903 million, operating income of KRW 364,948 million, profit before income tax of KRW 443,734 million and profit of KRW 326,456 million against sales of KRW 5,499,737, operating income of KRW 447,936 million, profit before income tax of KRW 440,967 million and profit of KRW 342,004 million for the same period a year ago.
Lotte Shopping Co Ltd is a Korea-based company mainly engaged in the operation of department stores. The Company operates its business through six segments. The Department Store segment is involved of the installation and operation of department stores such as Lotte Depart Store. The Company operates its department stores within the domestic market and to overseas markets, including Vietnam, Russia, Indonesia and China. The Discount Store segment is involved of the installation and operation of discount stores. The Electronics Store segment is engaged in the sale of home appliances and computers and communication devices. The Super segment is engaged in the operation of supermarkets and the rental of real estate. The Home Shopping segment mainly engages in home shopping and e-commerce business through Internet shopping mall and mobile. The Other segment engages in the businesses including the sale of cosmetics, food and other consumer goods, the operation of movie theaters and others.
LOTTE SHOPPING CO., LTD. 
