Gwangju Shinsegae Reports Operating Profit of 8.8 Billion KRW in Q3, Down 30.8% YoY

[Asia Economy Reporter Eunmo Koo] Gwangju Shinsegae announced on the 12th that its operating profit for the third quarter of this year was tentatively estimated at 8.816 billion KRW, a 30.8% decrease compared to the same period last year. During the same period, sales amounted to 32.745 billion KRW, down 13.8%, and net profit was 8.731 billion KRW, a 24.1% decrease.

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