Shinsegae International Reports Operating Profit of 12 Billion KRW in Q1, Down 59.0% Year-on-Year
[Asia Economy Reporter Oh Ju-yeon] Shinsegae International announced on the 12th that its consolidated operating profit for the first quarter of this year was 12 billion KRW, a 59.0% decrease compared to the same period last year. Sales amounted to 323.4 billion KRW, down 11.6% year-on-year, and net profit was 4.7 billion KRW, a 79.6% decrease.
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