[Company] Lotte Shopping Announces First Value Up in the Distribution Industry... "Target of 20 Trillion in Sales in 2030"

Lotte Shopping has announced plans to increase corporate value for the first time in the retail industry.

Lotte Shopping announced that it plans to increase the shareholder return rate from the current 30% level to 35% and distribute at least 3,500 won per share.

It also set a mid- to long-term performance goal of achieving 20.3 trillion won in sales and 1.3 trillion won in operating profit by 2030.

To this end, the e-commerce platform Lotteon aims to strengthen its position as a shopping mall specializing in fashion, cosmetics, children, and luxury goods, and focus on product planning and personalized marketing using group company capabilities.