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Lotte Wellfood (280360) said first-half revenue at its Indian subsidiary LOTTE India rose about 28% year-on-year, led by 29% growth in ice cream and 26% in confectionery following last year's merger with Havmor Ice Cream. The integrated India entity gives the company a scaled emerging-market growth engine, supporting a re-rating case for the stock as management targets 1 trillion won in annual India revenue by 2032. Watch whether margin trends and second-half volume hold up, since sustained double-digit India growth is the key driver behind the long-term sales target.
As a Market signal, watch whether it changes price action, volatility, or flows around 280360.
Original Source: 연합인포맥스
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