Lotte Shopping turns to black in Q3

SEOUL, - Lotte Shopping Co. on Thursday reported its third-quarter net profit of 61.8 billion won (US$47.2 million), swinging from a loss of 95.1 billion won a year earlier.

Operating income for the July-September period was 142 billion won, down 5.3 percent from a year ago, the company said in a regulatory filing. Sales fell 6.8 percent to 3.73 trillion won.

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Source: Yonhap News Agency