Shinsegae Food Reports Operating Profit of 5.1 Billion KRW in Q1, Turning to Profit Year-on-Year

[Asia Economy Reporter Gong Byung-sun] Shinsegae Food announced on the 3rd that its operating profit for the first quarter of this year turned to a surplus with 5.1 billion KRW compared to the same period last year.

Sales increased by 4.9% year-on-year to 320 billion KRW. Net profit for the period also turned to a surplus with 3.2 billion KRW compared to the same period last year.