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Consumer Non-Durables

Lotte Corp.

Business Summary

Lotte Corp. operates as a holding company with interest in food production and distribution, shopping and other investments. The company’s products include dried confections, such as chewing gums, candies, biscuits, chocolates, pies, snacks and ice creams, such as bar, cone, cup, pencil ice creams; health foods and breads. The company was founded on March 24, 1967 and is headquartered in Seoul, South Korea.

Financial Highlights

Dec 2022 KRWUSD
Gross Profit3,585.30B2,774.78M
Operating income488,952.86M378.41M
Income before tax304,722.97M235.83M
Net income170,760.97M132.15M
Diluted EPS2,387.271.84
Dividends Per Share1,5001.16
Total Assets22,175.41B17,536.90M
Total liabilities12,409.15B9,813.48M
Total equity7,115.17B5,626.87M
Operating cash flow747,307.80M578.36M
Currency in KRWCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 7,271.17B 8,856.16B 9,086.64B 9,924.86B 14,111.85B
Gross Profit 1,797.17B 2,124.64B 1,993.76B 2,181.33B 3,585.30B
Operating income 37,796.97M 216,325.87M 163,511.96M 157,290.07M 488,952.86M
Income before tax 338,557.84M -488,647.51M -32,807.88M -159,673.42M 304,722.97M
Net income 484,561.92M -453,204.37M -198,428.70M 308,604.54M 170,760.97M
EBITDA 308,977.97M 826,450.87M 767,033.96M 722,716.07M 1,211.27B
Diluted EPS 2,714 -5,149.69 -2,774.72 4,315.37 2,387.27
Dividends Per Share 800 1,100 1,000 1,500 1,500
Total Assets 27,618.34B 15,605.75B 16,680.02B 19,921.88B 22,175.41B
Total liabilities 19,184.87B 7,813.21B 8,848.91B 10,292.58B 12,409.15B
Total equity 7,112.99B 6,699.82B 6,417.20B 6,978.95B 7,115.17B
Operating cash flow -866,019.25M 507,634.48M 305,120.21M 521,367.04M 747,307.80M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 6,607.04M 7,594.13M 7,701.28M 8,666.79M 10,921.62M
Gross Profit 1,633.02M 1,821.88M 1,689.79M 1,904.83M 2,774.78M
Operating income 34.34M 185.49M 138.58M 137.35M 378.41M
Income before tax 307.63M -419.01M -27.80M -139.43M 235.83M
Net income 440.30M -388.62M -168.17M 269.48M 132.15M
EBITDA 280.75M 708.67M 650.09M 631.10M 937.44M
Diluted EPS 2.46 -4.41 -2.35 3.76 1.84
Dividends Per Share 0.72 0.94 0.84 1.30 1.16
Total Assets 24,752.05M 13,494.53M 15,354.89M 16,758.68M 17,536.90M
Total liabilities 17,193.83M 6,756.20M 8,145.92M 8,658.32M 9,813.48M
Total equity 6,374.79M 5,793.44M 5,907.39M 5,870.83M 5,626.87M
Operating cash flow -786.91M 435.29M 258.60M 455.27M 578.36M

Valuation Measures

Dec 2022
Operating margin3.46%
Profit margin1.21%


  • Chairman & Chief Executive Officer: Dong-Bin Shin
  • Managing Director & Head-Finance: Seong-Chul Choi
  • Head-Research Institute: Myeong-Jae Yeo
  • Head-Compliance Support: Ja-Young Hwang
  • Director & Executive Director: Myung-Ki Min


  • Lotte Corp. (32.5%)
  • SHIN DONG-BIN (13.0%)
  • Lotte Shopping Co., Ltd. (11.0%)
  • Lotte Aluminium Co., Ltd. (5.0%)
  • National Pension Service of Korea (5.0%)
  • Lotte Holdings Co., Ltd. (3.9%)
  • SHIN YOUNG-JA (3.2%)
  • Lotte Scholarship Foundation (3.2%)
  • First Eagle Investment Management LLC (0.9%)
  • Hotel Lote Busan Co., Ltd. (0.9%)

Contact Details

  • Website:
  • Address: Lotte World Tower, 300 Olympic-ro, Seoul, 05551, South Korea
  • Phone: +82.2.2670.6811

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Last Updated on 25 Sep, 2023

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