BGF Retail Reports Operating Profit of 259.3 Billion KRW Last Year, Up 30% YoY

BGF Retail announced on the 9th that its consolidated operating profit for last year was tentatively estimated at 259.3 billion KRW, a 30% increase compared to the previous year.

Sales increased by 12.3% year-on-year to 7.6158 trillion KRW. Net profit rose 34.7% to 198.8 billion KRW.

Operating profit for the fourth quarter was 59.2 billion KRW, up 19.4% from the same period last year. Sales and net profit were 1.9493 trillion KRW and 46.1 billion KRW, respectively.