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Lotte Chilsung Beverage (005300) investor relations material
Lotte Chilsung Beverage Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 consolidated sales were KRW 1,050.104bn, down 2.7% YoY; operating profit fell 37.9% to KRW 56.994bn and net profit fell 34.6% to KRW 40.544bn.
9M sales rose 1.3% YoY to KRW 3,115.531bn, while operating profit declined 10.4% to KRW 160.640bn and net profit fell 1.1% to KRW 94.064bn.
Financial highlights
Q3 consolidated gross profit was KRW 356.0bn, down 7.5% YoY; gross margin contracted to 33.9% from 35.7%.
Q3 profit before tax fell 34.7% YoY to KRW 52.2bn; net profit margin was 3.9% versus 5.7%.
9M gross profit was ₩1,054,800m and SG&A ₩892,690m, versus ₩1,048,452m and ₩868,425m in the prior-year period; 9M profit before tax was ₩123,534m versus ₩127,688m.
9M parent-attributable net income was ₩90,088m; Q3 basic EPS was ₩3,988 and 9M basic EPS ₩8,960.
Outlook and guidance
FY2026 consolidated sales forecast is KRW 4,080bn, up 2.7%; operating profit KRW 185bn, up 10.7%, with OPM of 4.5%, up 0.3 percentage points.
Q4 sales are forecast to rise 7.8% YoY to KRW 964.5bn; operating profit is expected to return to profitability at KRW 24.4bn from a KRW 12.0bn loss.
FY2026 segment forecasts: Beverage sales KRW 1,820bn and OP KRW 80bn; Liquor KRW 780bn and KRW 41bn; overseas subsidiaries KRW 1,626.1bn and KRW 63.1bn.
Product development priorities include zero-sugar and zero-calorie drinks, functional and protein beverages, and diversified low-alcohol and RTD offerings.
Overseas growth plans emphasize channel and market expansion, including Milkis and Let's Be beverage exports and liquor exports led by soju.
- FY23 sales grew, but lower operating profit drives FY24 profitability initiatives.005300
Q4 2023 - Sales and net profit rose year-over-year, with strong beverage and liquor performance.005300
Q2 2026 - Q1 2026 delivered sharp profit gains, margin expansion, and robust overseas segment growth.005300
Q1 2026 - Domestic sales and profits fell in Q4 2025, but overseas growth and 2026 recovery are forecast.005300
Q4 2025 - Profits and margins rose in Q3 2025, with overseas and health-focused products driving growth.005300
Q3 2025 - Profit growth in Q2 2025 driven by overseas and zero-calorie products, with strong full-year outlook.005300
Q2 2025 - Sales and profits fell, but zero-calorie and health products drove segment growth.005300
Q3 2024 - Q2 sales up 38.1% YoY, but net profit and margins fell as overseas drove growth.005300
Q2 2024 - Q1 2025 revenue and profit declined, with rising debt ratio and segment performance shifts.005300
Q1 2025
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