Daesang Holdings Reports Operating Profit of 207 Billion KRW Last Year, Up 33.2% Year-on-Year
[Asia Economy Reporter Han Jinju] Daesang Holdings announced on the 8th that its operating profit last year was 207 billion KRW, an increase of 33.2% compared to the same period the previous year.
During the same period, sales increased by 5.7% to 3.7543 trillion KRW, and net profit rose by 19.2% to 164.8 billion KRW.
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The company explained, "Sales increased due to strong sales of major products from consolidated subsidiaries and growth in global and online channels, and operating profit and net profit increased due to overall profitability improvement of the consolidated subsidiaries' businesses."
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