GS Retail Reports Operating Profit of 208.3 Billion KRW Last Year, Down 17.5% YoY
[Asia Economy Reporter Lim Chunhan] GS Retail announced on the 8th that its consolidated operating profit for last year was tentatively estimated at 208.3 billion KRW, a 17.5% decrease from the previous year.
Sales increased by 10.2% year-on-year to 9.7657 trillion KRW. Net profit rose by 409.2% to 786.9 billion KRW.
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Operating profit for the fourth quarter was 25.5 billion KRW, down 0.9% from the same period last year. Sales and net loss for the same quarter were 2.6545 trillion KRW and 27.6 billion KRW, respectively.
This content was produced with the assistance of AI translation services.
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