Shinsegae Q1 Operating Profit 3.3 Billion KRW... 97.0% Decrease YoY
[Asia Economy Reporter Oh Ju-yeon] Shinsegae announced on the 12th that its consolidated operating profit for the first quarter of this year was 3.3 billion KRW, a 97.0% decrease compared to the same period last year. Sales amounted to 1.1969 trillion KRW, down 21.1% year-on-year, and net profit was 1.6 billion KRW, a 99.8% decrease.
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