"Oasis Market Expands Logistics Center Operations, Q2 Operating Profit 7.2 Billion KRW... Up 171%"

Sales Revenue 202.4 Billion KRW, 21% Increase Year-on-Year
Operating Profit and Sales Revenue Increase Simultaneously... "Growth Acceleration"

[Asia Economy Reporter Yuri Kim] Oasis Market announced on the 22nd that it achieved an operating profit of 7.19 billion KRW in the second quarter of this year, marking a 171% growth compared to the same period last year. This is attributed to significantly improved profitability through economies of scale by expanding the operation of the Seongnam 2nd Smart Integrated Logistics Center.

During the same period, sales reached 202.4 billion KRW, a 21% increase compared to the second quarter of last year. The company explained, "Amid rising grocery prices and increased consumer burden, our continued pricing policy of offering premium products such as eco-friendly items at reasonable prices has been effective in attracting consumers."

Since entering the dawn delivery market in 2018, Oasis Market has consistently generated operating profits, gaining attention as the only profitable company in the industry. In the second quarter of this year, both operating profit and operating profit margin increased. The operating profit margin for the second quarter was 3.55%, up from 1.59% in the same period last year.

This content was produced with the assistance of AI translation services.