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Lotte E&C Q1 Rebound Gains Pace on Guri Completion, Sales Momentum and Cost Control

Published: · Source: hankyung.com

Lotte E&C Q1 Rebound Gains Pace on Guri Completion, Sales Momentum and Cost Control
TL;DR: Lotte E&C posted 50.4 billion won in consolidated operating profit for Q1 2026, helped by the completion of Guri Station Lotte Castle The Central, stronger sales and tighter cost management.

Lotte Engineering & Construction showed a rebound in first-quarter 2026 results, supported by project completions and stronger apartment sales. In March, the company completed the 1,180-unit Guri Station Lotte Castle The Central in Inchang-dong, Guri, Gyeonggi Province, while construction is under way at more than 20 sites. With sales improving this year and cost controls strengthened, Lotte E&C reported consolidated revenue of 1.6012 trillion won, operating profit of 50.4 billion won and net profit of 17.1 billion won for the quarter. The figures indicate that expanded completions and profitability management are feeding into better financial indicators. Future performance is expected to depend on construction progress and sales results at active sites. Source: hankyung.com.

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