Seoul: Lotte Shopping Co. on Thursday reported a net loss of 1 trillion won (US$695.3 million) in the fourth quarter, remaining in the red compared with a year ago.

According to Yonhap News Agency, the company's operating profit for the October-December period was 147.2 billion won, which marked a decrease of 27.3 percent from a year ago. Additionally, the company's revenue fell 4.3 percent to 3.47 trillion won.