Hyundai Home Shopping Reports Operating Profit of 111.4 Billion KRW Last Year, Down 20.5% Year-on-Year

Hyundai Home Shopping announced on the 7th that its consolidated operating profit for last year was tentatively estimated at 111.4 billion KRW, a 20.5% decrease compared to the previous year. Sales increased by 0.3% year-on-year to 2.1013 trillion KRW. Net profit decreased by 11.9% to 89.5 billion KRW.

Operating profit for the fourth quarter was 18.8 billion KRW, down 22.7% from the same period last year. Sales and net loss for the quarter were 517.1 billion KRW and 23.7 billion KRW, respectively.