GS Home Shopping Reports Operating Profit of 156.9 Billion KRW Last Year, Up 29.5% Year-on-Year

[Asia Economy Reporter Lim Chunhan] GS Home Shopping announced on the 5th that its consolidated operating profit for last year was tentatively estimated at 156.9 billion KRW, a 29.5% increase compared to the previous year.

Sales amounted to 1.2457 trillion KRW, up 1.2% from the previous year. Net profit increased by 15.1% to 126.3 billion KRW.

Operating profit for the fourth quarter was 46.1 billion KRW, a 53.8% increase compared to the same period last year. Sales and net profit for this quarter were 328.5 billion KRW and 40.1 billion KRW, respectively.