Oasis Market Posts Profit for Third Consecutive Quarter... "Highest Quarterly Operating Profit"
Oasis Market expanded its profit margin in the third quarter, recording the highest quarterly operating profit to date.
On the 13th, Oasis Market announced that its operating profit for the third quarter reached 5.832 billion KRW, marking a 1047% increase compared to the same period last year. This is the highest operating profit on a quarterly basis. Sales amounted to 121.2 billion KRW, an 11% increase compared to the same period last year.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
The growth rate in the online segment was particularly notable in the third quarter. Online sales increased by 24% year-on-year, demonstrating steady growth. Oasis Market stated, “Expansion through partnership projects led to economies of scale, enabling efficient management,” and emphasized, “Especially, the growth rate of the online segment continues to show strong results, which is encouraging.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.