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Why did Lotte Group run out of cash?

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News Todato
httos-Ihvvn newstomato com ; ReadNews
Rode, 2 years since acquisition of Joonggonara… When will Synergynon be available?
2023. 4. 12 _ This is an increase of 16.7%6 compared to the previous year’s KRW 86.96 billion. Continued solid growth trend
It may seem like it, but the operating loss during this period increased by nearly 81% from KRW 1.2 billion to KRW 9.5 billion.

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Motde Shopping acquired IMM PE shares by investing 259.5 billion won for Hansaeng Acquisition.
A loss of approximately 141 billion won was recorded. 2023.7 24
Mominstja-Advisory
htios-Iimomensam Kr ; mna_post_news21
Motde and IMM PE suffer no synergy after acquiring Hansem M8A, resulting in loss

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Ministop’s acquisition comes to fruition. Three minutes, one minute, ‘300 billion riot’
[Kim Ui-hwan’s Company Location]
Kim Yak-hwan
2024-02-16 76-02-04
Ministop deficit march. Goodwill loss in the tens of billions
Korea Segment accumulated net loss of KRW 100 billion in the third quarter of last year
Restructuring through merger of insolvent subsidiaries and sale of ATM division

All the companies acquired over the years with a lot of money are not cool and only suck up money.

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Chosun Ilt
htios-Ihyv Chosuncom ; rea
estate
2022,71/23
Ruthde Construction, affiliates receive 1.4 trillion won in emergency blood transfusion
Group “Temporary Infarction”
2022. 11 23.
<'Blood transfusion' of 1,4500 units from affiliates in one month: According to the Geumwoong Supervisory Service on the 22nd, it is an unlisted company
From the 18th of last month, Rohde Engineering & Construction was terminated from major affiliates of Motde Group.

Lotte Engineering & Construction is also in trouble. The group spent a lot of money to save it, but it is in danger of instability.

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Motderemigal will have an operating loss of 762.6 billion won and 347.7 billion won in 2022 and last year, respectively.
lay off. Even this year, the cumulative deficit in the third quarter reached 660 billion won. wealth
The debt ratio also rises steeply to 489 in 2021, 55% in 2022, 659 last year, and 759 this year.
Running . 1 day ago

Lotte Chemical was originally a profitable affiliate that made a lot of money. As a petrochemical company, we exported to China, but as China became self-sufficient in petrochemical products and became a competitor, we are starting to make operating losses.

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What happened to the ‘distribution gap’? Rode Shopping, even the 3rd place in the industry is in jeopardy
Reporter Kim Yeon-ji [
Iri 2023 11 1007-0O-02
9 Mercury 2023 11 1006.01.41
Annual sales exceeded KRW 30 trillion in 2016, but were cut in half to KRW 15 trillion last year.
In 2019, sales reversed for E-Mart and fell to 3rd place due to the joining of Gutang.
Narrowing the sales gap with 4th place GS Retail to 600 billion won in the third quarter

Lotte Shopping, which was originally the flagship store, is not doing well amid the e-commerce craze.

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