Lotte Card reported a...
페이지 정보
본문
[Alpha Biz= Reporter Paul Lee] On the 16th, Lotte Card disclosed that its net profit for the first quarter of this year amounted to 24.9 billion won, marking a 54.3% decrease compared to the same period last year 544 billion won. Despite robust growth in credit sales and financial operations, assets increased by 12.3% compared to the previous year excluding 469.6 billion won of assets from the first quarter of 2023s acquisition of Rocamobile, and operating revenue expanded by 11.6%, leading to an increase in market share. However, despite improvements in asset quality management leading to a decrease in the provision expense ratio, net profit declined due to increased funding costs stemming from the companys independent asset growth and prolonged high-interest rates across the market. Lotte Card explained that the increase in funding costs was influenced by the rapid rise in interest rates following the LEGOLAND incident in 2022, but anticipates performance improvement from the second half of the year through ongoing optimization of funding structure. 관련기사 ▶ SK Innovation is considering the partial sale of its stake in SK IE Technology SKIET among other options. ▶ Lock amp; Lock, closing down its business in China ▶ Eugene Investment amp; Securities reported an operating profit of 17.6 billion won for the first quarter, marking a 50% decrease compared to the previous year. ▶ Hyosung TNC has decided on a capital increase of 958 billion won, aiming to expand its facilities in China. ▶ HD Korea Shipbuilding amp; Offshore Engineering has divested a 3% stake in HD Hyundai Heavy Industries through a block deal, totaling 3.741 trillion won. / 알파경제 Paul Lee Reporter |
관련링크
- 이전글퇴직 후 받은 고문료 기타소득 분류했더니 가산세까지 붙었다 24.05.17
- 다음글빗썸, 올해 1분기 영업이익 621억원…전년比 283%↑ 24.05.16
댓글목록
등록된 댓글이 없습니다.