NH keeps KRW 150,000 target for Lotte Chilsung stock

Published on 10/14/2026 at 07:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NH sees KRW 1.1063 trillion revenue and KRW 81.8 billion operating loss. NH retains its Buy rating for Lotte Chilsung stock at KRW 150,000.

Analyst view and earnings test

NH Investment and Securities maintained a KRW 150,000 target on October 12, 2026.
Third-quarter revenue is projected at KRW 1.1063 trillion, with an operating loss of KRW 81.8 billion.
Lotte Chilsung traded at KRW 97,500 on KOSPI on October 14, 2026 at 1:58 p.m. KST.

Lotte Chilsung, KR7005300009, Illustration mit AI erstellt.

Lotte Chilsung (KR7005300009) faces a demanding third-quarter earnings test after EDAILY reported on October 12, 2026 that NH Investment and Securities maintained its Buy rating and KRW 150,000 target. The broker projected third-quarter revenue of KRW 1.1063 trillion, up 2.50 percent year over year, and an operating loss of KRW 81.8 billion, down 10.90 percent.

Three dated earnings signals

TradingView lists Lotte Chilsung's second-quarter 2026 earnings disclosure on August 13, 2026. The company reported quarterly revenue of KRW 1.1129 trillion and operating profit of KRW 55.8 billion for that period, according to the financial data record.

On October 7, 2026, The Asia Business Daily reported that KB Securities cut its target from KRW 150,000 to KRW 140,000 while retaining a Buy rating. The broker forecast third-quarter revenue of KRW 1.0959 trillion and operating profit of KRW 79.5 billion.

NH's October 12 assessment is the latest of the three signals. Its revenue forecast is 0.90 percent above KB Securities' projection, while its operating result is materially weaker because NH framed the figure as an operating loss.

What is pressuring margins?

Raw-material costs and weak domestic consumption remain the central earnings pressure in the latest analyst view. NH said beverage revenue could decline 1.10 percent year over year, even after an average product price increase of 5.30 percent in June.

The spirits division provides a counterweight. NH projected spirits revenue growth of 3.70 percent, supported by soju and ready-to-drink products. The longer-term strategic figure is overseas exposure, which the company aims to raise from 40.00 percent of revenue in 2025 to 50.00 percent by 2030, according to EDAILY.

Stock remains below yearly high

Lotte Chilsung was quoted at KRW 97,500 on the KOSPI on October 14, 2026 at 1:58 p.m. KST. The market capitalization was KRW 904.7 billion on the same date, while the 52-week range was KRW 93,600 to KRW 154,800. The gap between the current quote and the yearly high keeps the earnings outlook central to the valuation debate.