GS Retail 2023 net income down 48.1% to $18.5 mil.
A delivery driver holds a bag containing items ordered from GS Retail’s online mall in front of a GS25 convenience store in Seoul, in this June 21, 2021 file photo. Yonhap
GS Retail on Tuesday reported its 2023 net profit of 24.7 billion won ($18.5 million), down 48.1 percent from a year earlier.
The company said in a regulatory filing that operating profit for the year rose 12.4 percent on-year to 405 billion won. Annual sales increased 5.3 percent to 11.61 trillion won. (Yonhap)