Shinsegae Reports Operating Profit of 645.4 Billion KRW Last Year, Up 24.7% YoY
Shinsegae announced on the 8th that its consolidated operating profit for last year was tentatively estimated at 645.4 billion KRW, a 24.7% increase compared to the previous year.
Sales increased by 23.7% year-on-year to 7.8128 trillion KRW. Net profit rose by 29.9% to 505 billion KRW.
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Operating profit for the fourth quarter was 141.3 billion KRW, down 27.6% compared to the same period last year. Sales and net profit were 2.214 trillion KRW and 177.2 billion KRW, respectively.
This content was produced with the assistance of AI translation services.
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