ISEcommerce "Operating Profit of 400 Million KRW Last Year... Turnaround After 4 Years"

[Asia Economy Reporter Hyunseok Yoo] IS E-commerce announced on the 19th that it succeeded in turning a profit last year compared to the previous year. The company explained that the shift to a profitability-focused product sales strategy, driven by the expansion of overseas luxury goods sales and the launch of its own brand, was the result of this profit turnaround.

IS E-commerce recorded sales of 20.766 billion KRW, a 66.2% increase from the previous year, and an operating profit of 429 million KRW, turning profitable. The company succeeded in a turnaround for the first time in four years, dispelling concerns about being listed as a management item. The company stated that it had pursued management efficiency strategies from the beginning of last year with the goal of turning a profit.

A company representative said, “This year, we will focus on launching new overseas brands and strengthening our own brand, and we are fully prepared, including recruiting experts in each field. Based on enhanced IT solutions, we will actively consider investments in differentiated businesses necessary for sustainable growth and strive to create a second leap forward by discovering products essential for daily life.”

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