Annual Operating Profit Reaches 284.2 Billion KRW
Down 6.4% Compared to Previous Year
Hyundai Department Store announced on the 11th that its operating profit for the fourth quarter of last year reached 107.9 billion KRW, a 12.4% increase compared to the same period last year.
Sales amounted to 1.1752 trillion KRW, up 3.5% compared to the same period. Net profit turned positive at 45.5 billion KRW.
On an annual basis, sales totaled 4.1876 trillion KRW and operating profit was 284.2 billion KRW, representing decreases of 0.5% and 6.4% respectively compared to 2023. Net loss narrowed to 800 million KRW.
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