Shinsegae I&C saw both operating profit and revenue rise in the first quarter, continuing a steady growth trend this year
Shinsegae I&C disclosed on May 8 that, on a consolidation basis, its first-quarter operating profit was tentatively tallied at 12.4 billion won. That is up 16.7% from the same period a year earlier (10.7 billion won).
It is the same level as in the fourth quarter.
First-quarter revenue was 178.6 billion won, up 3.8% from a year earlier. Net profit was 10.2 billion won, turning to a profit from a loss in the fourth quarter.
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