ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
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 2021 KRWUSD
Gross Profit2,181.33B1,904.83M
Operating income157,290.07M137.35M
Income before tax-159,673.42M-139.43M
Net income308,604.54M269.48M
Diluted EPS4,315.373.76
Dividends Per Share1,5001.30
Total Assets19,921.88B16,758.68M
Total liabilities10,292.58B8,658.32M
Total equity6,978.95B5,870.83M
Operating cash flow521,367.04M455.27M
Currency in KRWCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 1,868.98B 7,271.17B 8,856.16B 9,086.64B 9,924.86B
Gross Profit 443,649.33M 1,797.17B 2,124.64B 1,993.76B 2,181.33B
Operating income -7,078.53M 37,796.97M 216,325.87M 163,511.96M 157,290.07M
Income before tax 517,378.24M 338,557.84M -488,647.51M -32,807.88M -159,673.42M
Net income 456,512.01M 484,561.92M -453,204.37M -198,428.70M 308,604.54M
EBITDA 53,995.46M 308,977.97M 826,450.87M 767,033.96M 722,716.07M
Diluted EPS 7,625 2,714 -5,149.69 -2,774.72 4,315.37
Dividends Per Share 0 800 1,100 1,000 1,500
Total Assets 21,897.05B 27,618.34B 15,605.75B 16,680.02B 19,921.88B
Total liabilities 14,407.22B 19,184.87B 7,813.21B 8,848.91B 10,292.58B
Total equity 6,114.76B 7,112.99B 6,699.82B 6,417.20B 6,978.95B
Operating cash flow -691,856.54M -866,019.25M 507,634.48M 305,120.21M 521,367.04M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 1,653.22M 6,607.04M 7,594.13M 7,701.28M 8,666.79M
Gross Profit 392.43M 1,633.02M 1,821.88M 1,689.79M 1,904.83M
Operating income -6.26M 34.34M 185.49M 138.58M 137.35M
Income before tax 457.65M 307.63M -419.01M -27.80M -139.43M
Net income 403.81M 440.30M -388.62M -168.17M 269.48M
EBITDA 47.76M 280.75M 708.67M 650.09M 631.10M
Diluted EPS 6.74 2.46 -4.41 -2.35 3.76
Dividends Per Share 0 0.72 0.94 0.84 1.30
Total Assets 20,454.02M 24,752.05M 13,494.53M 15,354.89M 16,758.68M
Total liabilities 13,457.77M 17,193.83M 6,756.20M 8,145.92M 8,658.32M
Total equity 5,711.79M 6,374.79M 5,793.44M 5,907.39M 5,870.83M
Operating cash flow -611.98M -786.91M 435.29M 258.60M 455.27M

Valuation Measures

Dec 2021
Operating margin1.58%
Profit margin3.10%

Key executives

  • 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%)
  • SHIN YOUNG-JA (3.2%)
  • Lotte Scholarship Foundation (3.2%)
  • Lotte Holdings Co., Ltd. (2.8%)
  • First Eagle Investment Management LLC (1.8%)
  • 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

Related Companies

  • Luochuan Changbai Beverage Co., Ltd.
  • LOTTE Future Strategy Research Institute Co., Ltd.
  • Sweetweed Co., Ltd.
  • Lotte Order Beverage Co., Ltd.
  • Magok LN Tower PFV
  • Lotte Changbai Beverage Co., Ltd.
  • Foodweed Co., Ltd.
  • Daehong Advertising (Shanghai) Co., Ltd.
  • Nakcheonli (Beijing) Chaneum Management Co., Ltd.
  • Geoje PAV
  • PT Lotte RND Center Indonesia
  • Rakhat-Taldykorgan LLP
  • Rakhat-Shymkent Trading House LLP
  • Rakhat-Shymkent LLP
  • Rakhat-Oral LLP
  • Rakhat-Karaganda LLP
  • Rakhat-Astana LLP
  • Rakhat-Aktobe LLP
  • Rakhat-Aktau LLP
  • Rakhat TR LLP
  • PT Lotteria Indonesia
  • Lotte-HPT High Tech. Vietnam Co. Ltd.
  • Lotte Vina International Co., Ltd.
  • Lotte Investment Partners Singapore Pte Ltd.
  • Lotte International Oceania Pty Ltd.
  • Lotte Agro Holdings BV
  • Lotte World Ltd.
  • Lotte Shopping Town Daegu Co., Ltd.
  • Lotte Giants Co., Ltd.


  • CJ Corporation
  • Hanwha Corp
  • GS Retail Co., Ltd.
  • LG Corp
  • LG Chem Ltd.
  • Shinsegae Co., Ltd
  • Hyundai Department Store Co., Ltd
  • LyondellBasell Industries NV
  • Samsung Electronics Co., Ltd.
  • Korea Petro Chemical Ind. Co., Ltd.
  • TK Chemical Corporation
  • JG Summit Holdings Inc.
  • Lagardere SA
  • Hanil Holdings Co., Ltd.
  • Seoul Foods Industrial Co., Ltd.
Last Updated on 26 Sep, 2022

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more