롯데칠성음료, 해외 비중 46%의 숙제…필리핀은 흑자, 이익률은 아직

Lotte Chilsung's Q1 turnaround was driven primarily by profitability improvements at its Philippine operations rather than revenue growth. As the company targets 50% of sales from overseas by 2030 (currently at 46%), the critical challenge shifts from expanding global footprint to maintaining stable profit margins across subsidiaries. The company's reliance on cost efficiency rather than organic growth to boost earnings raises questions about the sustainability of overseas profitability amid rising material costs and currency headwinds.