Annual Total Sales Increase by 3.3%

Shinsegae Reports Operating Profit of 479.5 Billion KRW Last Year, Down 25% Year-on-Year View original image

Shinsegae announced on the 5th that its consolidated operating profit for last year was tentatively estimated at 479.5 billion KRW, a 25% decrease compared to the previous year. During the same period, total sales increased by 3.3% to 11.4974 trillion KRW. Operating profit for the fourth quarter of last year was 106.1 billion KRW, down 48.5% year-on-year, while total sales rose 2.1% to 3.1874 trillion KRW.



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