GS Reports Operating Profit of 920.6 Billion KRW Last Year, Down 53% YoY (1st Report)
[Asia Economy Reporter Choi Dae-yeol] GS announced on the 9th that its operating profit based on consolidated financial statements last year was 920.6 billion KRW, a decrease of 52.7% compared to the previous year. Sales amounted to 15.4442 trillion KRW, down 13.2% during the same period. Net loss for the period turned to a deficit of 187.8 billion KRW.
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Operating profit in the fourth quarter of last year was 279.7 billion KRW, down 41.9% compared to the same period last year. Fourth-quarter sales were 3.6529 trillion KRW, a decrease of 15.8% year-on-year, and net loss for the period turned to a deficit of 173.2 billion KRW.
This content was produced with the assistance of AI translation services.
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