GS Retail Q1 Operating Profit 27.3 Billion KRW... Down 27.2% YoY
[Asia Economy Reporter Lim Chunhan] GS Retail announced on the 4th that its consolidated operating profit for the first quarter of this year was preliminarily estimated at 27.3 billion KRW, a 27.2% decrease compared to the same period last year.
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Sales increased by 23.7% year-on-year to 2.5985 trillion KRW, while net profit fell by 84.9% to 5.2 billion KRW.
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