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Lotte Corp Says To Sell Its Stake In Lotte Card To Lotte Shopping For 229 Billion Won
Lotte Shopping Acquires Shares Worth 424.9 Billion Won In Lotte REIT Co
Lotte Shopping to raise stake in Lotte Shopping Holdings(Hong Kong) to 100 pct
LOTTE SHOPPING CO., LTD. is a Korea-based company mainly engaged in the operation of department stores. Along with subsidiaries, the Company operates its business through six segments: the Department Store segment, the Discount Store segment, the Electronics Store segment, the Convenience Store segment, the Financial Service segment, and the Other segment. 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 large discount stores. The Electronics Store segment is engaged in the sale of home appliances and computers and communication devices.
Retail (Department & Discount)
81, Namdaemun-ro, Jung-gu
Dong Bin Shin
Chairman of the Board
Won Jun Lee
Co-President, Co-Chief Executive Officer, Vice Chairman of the Board
Hui Tae Kang
Co-President, Co-Chief Executive Officer, Director
Jong Min Yoon
Jong Yin Kim
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
* Says it plans to buy 650 million shares of Lotte Shopping Holdings(Hong Kong) Co., Limited for 681.9 billion won
South Korea's Lotte Shopping said on Thursday that it has agreed to sell one of its six operators of hypermarket and supermarket stores in China to Wumei Holdings for about 248.5 billion won ($230.2 million).
* Says it will pay cash dividend at 5,200 won/share for FY 2017
* Says it will merge with Lotte Department Store Masan Co., Ltd, and merge ratio is 1:0
Shares in Lotte Corporation, Lotte Group's newly-created holding company, opened at 64,000 won per share on Monday as they were listed on South Korea's main bourse.
(The following statement was released by the rating agency) SEOUL, September 15 (Fitch) Fitch Ratings does not expect a potential sale of Lotte Shopping Co., Ltd.'s (Lotte, BBB-/Stable) Chinese hypermarket operation to have a negative impact on the company's credit profile...
South Korea's Lotte Shopping <023530.KS> has picked Goldman Sachs <GS.N> to manage the sale of its supermarkets in China, after most of them were shut down amid political tensions between the two countries.
South Korea's Lotte Shopping has picked Goldman Sachs to manage the potential sales of its supermarkets in China, an official at the parent group said on Thursday.
Shin Dong-joo, the elder son of Lotte Group's founder, has decided to sell most of his stakes in Lotte Shopping <023530.KS> and three other units of South Korea's No.5 conglomerate, his company said without providing the value of the sale.
South Korea's Lotte Shopping is considering selling its supermarkets in China and other options should political tensions between Seoul and Beijing continue next year, an official at the retailer told Reuters on Monday.
(The following statement was released by the rating agency) SEOUL, August 24 (Fitch) Fitch Ratings has affirmed South Korea-based Lotte Shopping Co. Ltd's (Lotte Shopping) Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at 'BBB-'. The Outlook is Stable...
* Says it will buy entire 52.7 million shares of a cinema operation company, for 527.42 billion won
South Korea's Lotte Shopping Co Ltd said on Friday it will inject $192 million into a Hong Kong subsidiary in May via a rights issue to infuse funds into its China operations.
South Korea's Lotte Shopping Co Ltd said on Friday it will inject $192 million into an Hong Kong affiliate via a rights issue to infuse funds into its China operations.
Shin Dong-Joo, the elder brother of Lotte Group Chairman Shin Dong-bin, plans to sell up to $352 million worth of shares in Lotte Shopping Co Ltd , IFR reported on Thursday, citing a term sheet of the deal sent to investors.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.