Oasis Market Reports Operating Profit of 4.8 Billion KRW in Q4... Achieves Profitability

Focus on Operating Profit Margin Improvement and Sales Growth This Year

Oasis Market, a dawn delivery specialist company, announced on the 21st that its operating profit for the fourth quarter of last year reached approximately 4.8 billion KRW, achieving a profit. This figure represents a 15% decrease compared to the previous year.

Oasis Market explained that despite the fierce competition in the e-commerce industry, it maintained a profit trend, indicating no issues with its future profit structure.

Oasis Seongnam Headquarters.
[Photo by Oasis Market]

Fourth-quarter sales amounted to 427.2 billion KRW, marking about a 20% increase compared to the same period last year.

An Oasis Market representative stated, “This year, we are focusing on improving operating profit margins and increasing sales through business expansion. We will continue corporate collaborations in various ways, such as enhancing the Giga Genie AI voice shopping service with KT, strengthening synergy with the joint brand Kim's Oasis with E-Land Retail, launching OnAir Delivery with KT Alpha, and collaborating with K Bank.”