Shinsegae Reports Operating Profit of 517.3 Billion KRW Last Year, Up 484.6% Year-on-Year
[Asia Economy Reporter Myunghwan Lee] Shinsegae announced on the 9th that its consolidated operating profit for last year increased by 484.6% compared to the previous year, reaching 517.295 billion KRW. During the same period, sales rose by 32.4% to 6.3164 trillion KRW. Net profit turned positive at 391.184 billion KRW.
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On the same day, Shinsegae also announced a cash dividend of 3,000 KRW per common share. The dividend yield is 1.21%, with a total dividend amount of 29.5 billion KRW. The dividend will be paid within one month from the date of the shareholders' meeting, which has not yet been scheduled.
This content was produced with the assistance of AI translation services.
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