Lotte Tour Development Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 02:34 am
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Lotte Tour Development Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 96,773.23 million compared to KRW 48,213.85 million a year ago. Net loss was KRW 29,436.45 million compared to KRW 67,765.46 million a year ago. Basic loss per share from continuing operations was KRW 390 compared to KRW 944 a year ago. Diluted loss per share from continuing operations was KRW 390 compared to KRW 944 a year ago. Basic loss per share was KRW 390 compared to KRW 944 a year ago.
For the nine months, sales was KRW 220,819.26 million compared to KRW 139,394.79 million a year ago. Net loss was KRW 170,966.3 million compared to KRW 173,101.78 million a year ago. Basic loss per share from continuing operations was KRW 2,324 compared to KRW 2,431 a year ago. Diluted loss per share from continuing operations was KRW 2,324 compared to KRW 2,431 a year ago. Basic loss per share was KRW 2,324 compared to KRW 2,431 a year ago.
Lotte Tour Development Co Ltd is a Korea-based company mainly engaged in the provision of travel services. The Company operates its business in four segments. The Travel Business segment is engaged in the sale of travel products such as packaging tours, theme tours, independent tours, honeymoon tours, golf tours, cruises and others. The Pre-Sale Agency segment mainly engages in real estate rental business. The Casino segment is engaged in the casino business. The Internet Information Service segment provides services such as airline tickets and hotel reservation services, and other travel-related services and travel information.