Emart Reports Operating Profit of 237.2 Billion KRW Last Year, Up 57.4% Year-on-Year
[Asia Economy Reporter Lim Chunhan] Emart announced on the 18th that its consolidated operating profit for last year was tentatively estimated at 237.2 billion KRW, a 57.4% increase compared to the previous year.
Sales increased by 15.6% year-on-year to 22.033 trillion KRW. Net profit rose 62% to 362.6 billion KRW.
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Operating profit in the fourth quarter turned positive to 84.9 billion KRW compared to an operating loss of 10 billion KRW in the same period last year. Sales and net loss for the quarter were 5.7265 trillion KRW and 116.4 billion KRW, respectively.
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