Samsung C&T fashion division said in a filing on the 28th that operating profit on a consolidation basis in the fourth quarter of last year was 45 billion won. That was up 4.65% from the same period a year earlier (43 billion won). Revenue in the same period rose 3.51% from 541 billion won to 560 billion won.
A Samsung C&T official said, "Consumer sentiment improved, and the results of promotional activities were strong, so both revenue and operating profit increased from the same period last year."
Annual revenue last year was 2.02 trillion won, a slight increase from 2.004 trillion won a year earlier. Over the same period, operating profit fell 28.07% from 171 billion won to 123 billion won.
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