Shinsegae Reports Operating Profit of 96.2 Billion KRW in Q2... Returns to Profitability
[Asia Economy Reporter Lim Chunhan] Shinsegae announced on the 12th that its consolidated operating profit for the second quarter of this year was tentatively estimated at 96.2 billion KRW, turning to a profit compared to the same period last year (operating loss of 48.6 billion KRW).
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Sales increased by 37.6% year-on-year to 1.3953 trillion KRW. Net profit also turned positive to 16.6 billion KRW.
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