Shinsegae Q3 net income soars 146.4% to $88.5 mil.
7 Articles
7 Articles
Shinsegae boosted its operating profit for the third quarter of this year by more than 60% compared to a year ago, driven by the renovation of large department stores and the turnaround to profitability of major affiliates, including duty-free shops. On the 10th, Shinsegae disclosed that it recorded total sales of 2.9034 trillion won and an operating profit of 164.3 billion won in the third quarter of 2026 (consolidated basis). Compared to the s…
조선일보
매일신문Shinsegae achieved its highest-ever performance in the third quarter of this year, recording a consolidated operating profit of 164.3 billion won. Balanced growth across major business sectors, including department stores and duty-free shops, drove the improvement in profitability. Based on this earnings growth, Shinsegae plans to implement active shareholder return policies, such as doubling its quarterly dividend and pursuing the cancellation …
(Seoul = Yonhap News) Reporter Cho Min-jung = KOSPI-listed company Shinsegae [004170] reported a consolidated operating profit of 164.3 billion won for the third quarter of this year, a 64... compared to the same period last year.
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[Digital Daily Reporter Wang Jin-hwa] Shinsegae recorded its highest-ever third-quarter operating profit, driven by robust growth in its department store business and improved profitability of its consolidated subsidiaries. While department store sales expanded due to an increase in foreign customers, the duty-free business significantly boosted profits despite a contraction in revenue, and fashion and living affiliates also successively turned …
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