S. KOREAN LOTTE SHOPPING CO. SEES NET LOSS OF $36.5 MILLION IN Q1

Highlights –

• S. Korean Lotte Shopping Co. sees net loss of $36.5 million in Q1.
• The company’s Q1 net losses narrowed from a year earlier on recovering sales.
• The company’s operating income rose 18.5 percent to 61.8 billion won in Q1.
• The company’s shares in Lotte Shopping rose 2.78 percent to 129,500 won.

On Monday, Lotte Shopping Co.,....