GS Retail posted a record high in sales last year. Operating profit showed double-digit growth.
GS Retail said on Feb. 4 that last year's revenue rose 3.3% on-year to 11.9574 trillion won. Over the same period, operating profit came to 292.1 billion won, up 14.1%.
The company said the results came from strengthening the core competitiveness of its main businesses rather than expanding scale over the year. In particular, the supermarket and home shopping institutional sector continued strong growth.
By business institutional sector, home shopping (GS Shop) stood out. Fourth-quarter home shopping revenue was 278 billion won, up 10.5% from a year earlier. Operating profit rose 18.2% to 33.7 billion won.
The supermarket (GS The Fresh) recorded a 7.5% increase in fourth-quarter revenue to 440.4 billion won and a 291.7% increase in operating profit to 4.7 billion won on franchise expansion and a quick commerce linkage strategy. Quick commerce revenue rose 21.1%.
Over the same period, convenience store (GS25) revenue increased 2.5% to 2.2531 trillion won. However, due to higher one-off expenses, operating profit fell 18.7% to 24.8 billion won.
According to the "2025 sales trends of major retailers" released by the Ministry of Trade, Industry and Resources, while last year's sales of major offline retailers rose only 0.4%, GS Retail posted a higher growth rate of 3.3%.
A GS Retail official said, "The streamlining of the business structure centered on main businesses and the strengthening of sound management led to visible results," and added, "We will strengthen customer-centered products and services, focus on bolstering fundamentals, and strive for sustainable business growth."