Lotte Tour Development: Q1 2026 Operating Profit of 28.8B Won but Net Loss of 7.5B Won, Casino Share 76%

Consolidated Q1 2026 revenue 156.2B won, operating profit 28.8B won, net loss 7.5B won (vs FY2025: revenue 653.4B, OP 143.3B, net profit 27.6B)
Casino segment revenue 118.6B won (76% of total), hotel 18.2B, travel 18.3B
Total assets 2,151.3B, liabilities 1,792.8B, equity 358.5B (retained deficit -481.9B)
Borrowings: Tranche A/B from Saemaul Geumgo and 46 other institutions, loans from Donghwa Investment, etc.
Convertible bonds: Series 8-1 (70B won, conversion price 18,231 won), Series 10-1 (16.3B, 8%), Series 10-2 (4B, 8%)
Final loss in lawsuit with Seoul Guarantee Insurance; paid 32.3B won in delayed damages in Dec 2025
No dividend or share buyback/scheduled; accumulated deficit remains large