Lotte Chilsung posts Q2 net income of 31.5 billion won

Lotte Chilsung Beverage Co. reported a net income of 31.5 billion won for the April-June period, up 103.2 percent on-year.

The South Korean firm added that its second-quarter operating income rose 55.6 percent on-year to 45.6 billion won.

Lotte Chilsung's revenue jumped 11.9 percent to 668.9 billion won.

The beverage company's operating profit was 4.0 percent higher than the average estimate, based on the survey by Yonhap Infomax.

The net profit estimate was not available.