Lotte doubles down on profit-focused management

Lotte Group, Korea’s sixth largest conglomerate by total asset value, doubled down on profit-focused management for sustainable growth through a conglomerate-wide meeting in Seoul on Wednesday. According to Lotte, it held its half-yearly value creation meeting at the Lotte World Tower, where some 80 top executives from Lotte affiliates including Lotte Group Chairman Shin Dong-bin gathered to discuss business principles for the second half of the year as well as the conglomerate’s mid- to long-te