Korea Seven Reports 4.1 Billion Won in Q2 Operating Profit… Returns to Profit After 11 Quarters

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Korea Seven, the operator of the convenience store chain 7-Eleven, has returned to profitability for the first time in 11 quarters, driven by store efficiency improvements and strengthened product competitiveness. According to Korea Seven on the 14th, operating profit for the second quarter of this year was 4.1 billion won, an improvement of 12.8 billion won compared to the same period last year. This marks the first time the company has recorde…

ddaily.co.kr

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[Digital Daily Reporter Wang Jin-hwa] Korea Seven, the operator of the convenience store chain 7-Eleven, recorded an operating profit of 4.1 billion won in the second quarter of this year, marking a return to profitability for the first time in 11 quarters. Korea Seven disclosed on the 14th that it recorded sales of 1.2178 trillion won and an operating profit of 4.1 billion won in the second quarter of this year. While sales decreased by 2.6% c…