Lotte Tour Development Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:23 am EDT
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Lotte Tour Development Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 76,937.82 million compared to KRW 48,072.4 million a year ago. Net loss was KRW 47,787.29 million compared to KRW 56,912.87 million a year ago. Basic loss per share from continuing operations was KRW 648 compared to KRW 792 a year ago. Diluted loss per share from continuing operations was KRW 648 compared to KRW 792 a year ago. Basic loss per share was KRW 648 compared to KRW 792 a year ago.
For the six months, sales was KRW 124,046.03 million compared to KRW 91,180.93 million a year ago. Net loss was KRW 141,529.85 million compared to KRW 105,336.32 million a year ago. Basic loss per share from continuing operations was KRW 1,923 compared to KRW 1,487 a year ago. Diluted loss per share from continuing operations was KRW 1,923 compared to KRW 1,487 a year ago. Basic loss per share was KRW 1,923 compared to KRW 1,487 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.