Shinsegae International Reports Operating Profit of 26.8 Billion KRW Last Year, Down 44.9% YoY

Last Year's Sales Reach 1.3 Trillion KRW
A 3.4% Decrease Compared to the Previous Year

Shinsegae International announced on the 5th that its consolidated operating profit for last year was tentatively estimated at 26.8 billion KRW, a 44.9% decrease compared to the previous year.

During the same period, sales amounted to 1.3086 trillion KRW, down 3.4% from the previous year.

Operating profit for the fourth quarter of last year was 300 million KRW, a 97.9% decrease compared to the same period last year, and sales were 382.3 billion KRW, down 2.6%.