Lotte Shopping remains in red in Q4

Lotte Shopping Co. on Thursday reported its fourth-quarter net loss of 56.4 billion won (US$42.5 million), remaining in the red compared with a year ago. Operating profit for the October-December period was 202.4 billion won, up 117.4 percent from a year ago, the company said in a regulatory filing. Sales fell 4.1 percent to 3.63 trillion won. (END) Source: Yonhap News Agency