Lotte Corp (Lotte) is a business conglomerate that conducts several businesses through its subsidiaries and affiliates. The company has presence in food, retail, tourism, service, chemicals, construction, and finance sectors. Lotte operates shopping centers, supermarkets, hypermarkets and online shopping malls. It manufactures chemical products, aluminum foil, household goods, corrugated cardboard boxes, showcases, and vending machines. Lotte and its subsidiaries manufacture beverages, liquor, food ingredients and processed foods. It also operates and manages hotels, duty-free shops, resorts, recreational parks and complexes, and multiplexes. The company has business presence in South Korea, Russia, China, Japan, India, the US, and Southeast Asian countries. Lotte is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
Lotte World Tower, 300, Olympic-Ro, Songpa-Gu, Seoul, 05551
Website
www.lotte.co.kr
Telephone
82 2 7507114
No of Employees
4,845
Industry
Conglomerate
Ticker Symbol & Exchange
004990 (KRX)
Revenue (2022)
$8.7B
9.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
255.5%
(2022 vs 2021)
Market Cap*
$2.3B
Net Profit Margin (2022)
XYZ
242.7%
(2022 vs 2021)
* As of and is in US$
Lotte Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Chemical Products | Payment Services | Lotte |
| Coffee | IT Services | Pepero |
| Soft Drinks | Rental Services | Chilsung Cider |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In January, Lotte Duty Free launched a bricks and mortar store for beauty brand Nonfiction. |
| 2022 | Plans/Strategy | In December, the company and IMM Private Equity announced their plans to invest an additional 100 billion won in Hanssem. |
| 2022 | Plans/Strategy | In August, LOTTE Aluminum Materials USA announced its plans to build a US$238.7 million facility in Elizabethtown. |
Competitor Comparison
| Key Parameters | Lotte Corp | Walmart Inc | Tyson Foods Inc | LG Chem Ltd | John Lewis Partnership Plc |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | United States of America | South Korea | United Kingdom |
| City | Seoul | Bentonville | Springdale | Seoul | London |
| State/Province | - | Arkansas | Arkansas | - | England |
| No. of Employees | 4,845 | 2,300,000 | 142,000 | 14,280 | 78,600 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dong-bin Shin | Chairman; Co-Chief Executive Officer | Executive Board | 2022 | - |
| Dong-Woo Lee | Vice Chairman; Co-Chief Executive Officer | Executive Board | 2020 | - |
| Yong-Dok Song | Vice Chairman; Co-Chief Executive Officer | Executive Board | 2022 | - |
| Jung uk Goh | Head - Financial Innovation Office; Vice President | Senior Management | 2022 | - |
| Hae Kyoung Kim | Director | Non Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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