BGF Retail Reports Operating Profit of 196.6 Billion KRW Last Year, Up 3.7% YoY
[Asia Economy Reporter Hwang Yoon-joo] BGF Retail announced on the 11th that its operating profit on a consolidated basis last year was 196.6 billion KRW, an increase of 3.7% compared to the previous year. During the same period, sales increased by 2.9% to 5.9461 trillion KRW, while net profit decreased by 1.8% to 151.4 billion KRW.
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Operating profit for the fourth quarter was 44.5 billion KRW, up 7.5% from the same period last year. Sales and net profit recorded 1.497 trillion KRW and 34.3 billion KRW, respectively.
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