(Seoul=News1) Reporter Min Kyung-seok = Lotte E&C begins consulting on its held assets, including the headquarters site, warehouse sites, and business land, to boost financial soundness through asset efficiency. Based on the consulting results, Lotte E&C plans to develop or sell held assets, and pursue sale-and-leaseback after sale to secure a stable financial structure. Photo shows Lotte E&C headquarters in Jamwon-dong, Seocho-gu, Seoul, on the 27th. Feb. 27, 2025/Courtesy of News1

Lotte Construction disclosed on Apr. 1 that last year's revenue was 7.9099 trillion won, up 0.6% from 7.8632 trillion won the year before. Operating profit, however, fell 38% to 105.4 billion won from 169.5 billion won a year earlier.

Lotte Construction said it first reflected bad debt expenses for some business sites. Bad debt expenses more than doubled from 70.7 billion won the previous year to 158.9 billion won.

Net profit fell to 114.2 billion won, down nearly 80% from 567.9 billion won the previous year. The liability ratio decreased from 196% at the end of 2024 to 186.7% at the end of 2025, and the current ratio rose from 112% to 120%, strengthening financial buffers.

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