Lotte Corp
21,700.00
KRW
-300.00
(-1.36%)
ISIN
KR7004990008
Return %
Stock
S&P 500
1Y
-25.81
14.39
3Y
-13.55
81.42
5Y
-35.03
68.62
Capital Structure
KRW
•
in mil. unless spec.Working Capital
KRW
•
in mil. unless spec.Growth Rates
KRW
•
in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
KRW
•
in mil. unless spec.Quarterly Dividends Per Share
KRW
•
in mil. unless spec.Company Description
- CEO
- Jung-Uk Goh
- Full Time Employees
- 296
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Lotte World Tower Seoul SL South Korea 05551
- IPO Date
- Feb 16, 1974
- Website
- lotte.co.kr
- Similar Companies
- Business
- LOTTE Corporation (004990.KS) operates as the holding company of South Korea's fifth-largest conglomerate, overseeing a diverse portfolio spanning food, retail, chemicals, construction, manufacturing, tourism, services, and finance worldwide; it was founded in 1967 as Lotte Confectionery Co. Ltd. in Seoul, South Korea, where it maintains headquarters, and changed its name to LOTTE Corporation in October 2017 following a spin-off and split-merger with affiliates including Lotte Shopping, Lotte Chilsung Beverage, and Lotte Foods. In food, the company produces and sells candies, biscuits, ice cream, beverages, liquor including soju, beer, whiskey, wine, and refined rice wine, dairy products, processed milk and meat; in retail, it operates department stores, hypermarkets, supermarkets, discount stores, convenience stores, health and beauty stores, home shopping networks, duty-free shops, and provides apparel, consumer electronics, integrated membership, and easy payment services; in chemicals and manufacturing, it offers processed aluminum, soft packaging materials, beverage cans, PET bottles, synthetic resins, synthetic textiles, office equipment, medical devices, and network cameras; additional segments include construction and management of golf courses, amusement parks, car rental, equipment rental, resort condominiums, tourist hotels, social welfare, lease financing, corporate and individual loans, professional baseball team ownership, electronic financial services, and education consulting. LOTTE Corporation maintains significant operations in South Korea with expansions into Vietnam, Indonesia, China, Russia, India, Pakistan, Kazakhstan, Malaysia, the Philippines, and the United States, targeting consumer markets through its subsidiaries and affiliates while serving as the strategic overseer of the broader Lotte Group. Recent developments include a $200 million financing deal in November 2025 with Export Development Canada (EDC) and Sumitomo Mitsui Banking Corporation for affiliate Lotte Shopping to support capital expenditures in department stores, hypermarkets, supermarkets, and e-commerce platforms, marking the first transaction under a September 2025 Market Leadership Partnership MOU potentially worth up to $500 million over three years; Lotte Shopping's aggressive expansion in Vietnam with plans for 10 new stores including department stores and discount outlets aiming for 3 trillion KRW in Southeast Asian sales by 2030, backed by a new international headquarters in Singapore; a sweeping business overhaul ordered by Chairman Shin Dong-bin in July 2025 emphasizing structural reform, long-term innovation, reduced reliance on low-margin chemicals at Lotte Chemical in favor of high-value products, and retail "selection and concentration" amid online and competitive pressures; and a "One India" strategy by Lotte Welfood in 2025 integrating local food operations across 50 factories and 313 stores in 14 countries. The company held its 58th Annual General Meeting in 2025, approving financial statements for fiscal year 2024, director elections including Inside Director Dong-woo Lee and Outside Director Young-kyung Seo, and directors' remuneration, while reporting consolidated revenue of 15.8 trillion KRW for 2024 amid ongoing efforts to enhance shareholder value and governance through a nine-member board with executive and non-executive directors overseeing key committees.