Shinsegae International Reports Q3 Operating Profit of 14.1 Billion KRW, Up 103% Year-on-Year
[Asia Economy Reporter Lee Seung-jin] Shinsegae International's operating profit for the third quarter of this year doubled compared to last year, driven by strong performance in the overseas fashion and cosmetic sectors.
Shinsegae International announced on the 9th that its operating profit for the third quarter of this year reached 14.127 billion KRW, an increase of 102.8% compared to the same period last year.
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During the same period, sales increased by 4.9% to 350.22 billion KRW. Net profit for the period was 9.56 billion KRW, up 90.4% compared to the same period last year.
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