Lotte Chilsung Beverage swings to black in 2021

Lotte Chilsung Beverage-2021 earnings

Lotte Chilsung Beverage swings to black in 2021

SEOUL, Feb. 7 (Yonhap) -- Lotte Chilsung Beverage Co. on Monday reported its 2021 net profit of 137.1 billion won (US$114.2 million), swinging from a loss of 16.8 billion won a year earlier.

The company said in a regulatory filing that operating profit for the year rose 87.4 percent on-year to 182.2 billion won. Annual revenue increased 11 percent to 2.5 trillion won.

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