Shinsegae Q1 Operating Profit 123.6 Billion KRW... Up 3659.2% YoY

[Asia Economy Reporter Gong Byung-sun] Shinsegae announced on the 12th that its operating profit for the first quarter of this year reached 123.6 billion KRW, an increase of 3659.2% compared to the same period last year.

Sales amounted to 1.32 trillion KRW, up 10.3% from the same period last year. Net profit for the period was 89.2 billion KRW, a rise of 5451.2% compared to the same period last year.