Daishin Securities has lowered its target price for Lotte Chilsung from 150,000 won to 140,000 won due to the expectation of limited earnings rebound amid domestic sluggishness. In Q1, Lotte Chilsung reported a 3% decrease in consolidated sales and a 32% decrease in operating profit, falling short of market expectations. Despite this, the company’s robust performance in overseas markets such as the Philippines, Pakistan, and Myanmar, and the expansion of exports are seen as factors enhancing its medium to long-term investment appeal.
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Auto-posted at: 2025-05-08 09:02:00