[Featured Stock] Lotte Innovate to Achieve 10% Annual Growth by 2028 through Mobility Business and More
Lotte Innovate is on the rise. It appears that the announcement to strengthen dividends along with an average annual growth of 10% until 2028 to enhance corporate value has had an impact.
![[Featured Stock] Lotte Innovate to Achieve 10% Annual Growth by 2028 through Mobility Business and More](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
As of 2:08 PM on the 30th, Lotte Innovate was trading at 23,100 KRW, up 400 KRW (1.76%) from the previous trading day.
Hot Picks Today
Despite "Insufficient Balance" Notices, They Board Anyway... Reports of Foreign Fare Evasion Mounting
- "If It Helps My Child's Studies, It's Worth Every Penny"... U.S. Parents Open Their Wallets for $10,000 Tests
- [Exclusive] "We Came for a KRW 140,000 Trip": Following Chinese Tourists in Korea Uncovers a 'Suspicious' Tour
- "I'm paying to stay, and you want me to do the laundry and dishes too?" ... Airbnb bans excessive cleaning demands
- "Baek Jongwon Had Been Quiet, Then Hit It Big"... Waits in the 100s in U.S. Despite KRW 46,000 Pork Belly
Through a disclosure the day before, Lotte Innovate announced its plan to enhance corporate value. The company aims to achieve a compound annual growth rate (CAGR) of over 10% in sales by 2028 and plans to strengthen new businesses such as mobility and expand globally. Additionally, it intends to pursue an active shareholder return policy by maintaining a dividend payout ratio of over 30%.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
