Lotte Tour Development Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 04:12 am EDT
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Lotte Tour Development Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 48,072.4 million compared to KRW 24,541.12 million a year ago. Net loss was KRW 56,912.87 million compared to KRW 44,248.89 million a year ago. Basic loss per share from continuing operations was KRW 792 compared to KRW 639 a year ago. Diluted loss per share from continuing operations was KRW 792 compared to KRW 639 a year ago. Basic loss per share was KRW 792 compared to KRW 639 a year ago.
For the six months, sales was KRW 91,180.93 million compared to KRW 36,738.99 million a year ago. Net loss was KRW 105,336.32 million compared to KRW 98,678.19 million a year ago. Basic loss per share from continuing operations was KRW 1,487 compared to KRW 1,424 a year ago. Diluted loss per share from continuing operations was KRW 1,487 compared to KRW 1,424 a year ago. Basic loss per share was KRW 1,487 compared to KRW 1,424 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.