[Breaking] E-Mart Q1 Operating Profit at 159.3 Billion Won... Up 238.2% YoY

E-Mart Headquarters, Sunhwa-dong, Jung-gu, Seoul. Photo by Jo Yongjun

E-Mart announced in a public disclosure on May 12 that, on a consolidated basis, its operating profit for the first quarter of this year was tentatively calculated at 159.3 billion won, an increase of 238.2% compared to the same period last year. Sales reached 7.2189 trillion won, up 0.2% year-on-year, and net profit for the period was 83.6 billion won, an increase of 184.6%.