Curly Q3 Revenue 528.8 Billion Won... Operating Loss Reduced by 35.3%
Profitability Improvement... Record High Sales
Curly announced on the 24th that its sales in the third quarter of this year reached 528.8 billion KRW, a 5.3% increase compared to the same period last year.
The cumulative sales from the first to the third quarter increased by 1.1% to 1.5463 trillion KRW. This is the highest ever both for a single quarter and cumulatively for the first three quarters.
Operating losses decreased by 35.3% to 40.7 billion KRW. Following decreases of 41.0% in the first quarter and 31.6% in the second quarter, the company significantly reduced its deficit for three consecutive quarters. As a result, the cumulative operating loss from the first to the third quarter shrank by 65.1 billion KRW compared to the same period last year.
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Curly explained that it continued its profitability improvement trend in the third quarter through marketing cost reduction and logistics and delivery efficiency enhancements.
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