Shinsegae Inter's Operating Profit Drops 59% Due to COVID-19 Impact
[Asia Economy Reporter Yujin Cho] Shinsegae International announced on the 12th that its consolidated operating profit for the first quarter of this year was 11.955 billion KRW, a 59.0% decrease compared to the same period last year.
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During the same period, sales amounted to 323.354 billion KRW, down 11.6%, and net profit fell 79.6% to 4.679 billion KRW.
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