Cumulative Operating Profit Reaches 18.6 Billion
Cumulative Sales 388.4 Billion 10%↑
Oasis Market, a dawn delivery specialized platform, announced on the 11th that its operating profit for the third quarter of this year was 5.0953 billion KRW, a 12.6% decrease compared to the same period last year (5.832 billion KRW).
Sales increased by 6% to 128.5 billion KRW, and net profit rose by 13.9% to 5.75086 billion KRW.
Operating profit slowed due to the high base effect from the record high performance in the same quarter last year, but it is evaluated that meaningful achievements were made in both external growth and internal stability.
The cumulative sales of Oasis Market from the first to the third quarter amounted to 388.4 billion KRW, and operating profit was 18.6 billion KRW. Compared to the same period last year, sales increased by 10.4% and operating profit by 76.3%.
The company explained that the cumulative cost of sales ratio for the third quarter this year improved by 3% compared to the same period last year, leading to improved profitability. Additionally, Oasis Market's online sales increased by 12% during the same period, contributing to sales growth.
Since its launch in 2011, Oasis Market has achieved 12 consecutive years of profitability and has maintained debt-free management. It is expected to smoothly continue its annual profit trend this year as well.
A company representative said, "We will continue to maintain stable performance and further strengthen growth by staying true to the basics of good products and reasonable prices."
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