Gs Retail

GS Retail Co., Ltd. operates convenience stores and supermarkets in South Korea. Its convenience stores operate under the GS25 brand, supermarkets under the GS the Fresh brand, and its TV shopping business under the GS SHOP brand. The company is also involved in food and product retail and franchising, fresh food merchandise and processing, real estate development and rental, home and internet shopping, seasoning manufacturing, advertising, door-to-door transport agency, e-commerce, and cosigned warehouse operations. It additionally provides call center services and education and consulting services. Founded in 1971 and headquartered in Seoul, South Korea, GS Retail Co., Ltd. operates as a subsidiary of GS Holdings Corp.

007070.KO▲

GS Retail second-quarter operating profit rises 27.5%

GS Retail reported second-quarter operating income of 109.4 billion Korean won, a 27.5% increase from 85.8 billion won a year earlier. Net income surged 354.5% to 64.6 billion won from 14.2 billion won, while sales rose 6.7% to 3.175 trillion won. For the first half, cumulative sales reached 6.03 trillion won, up 5.3% from 5.726 trillion won. Shares were trading at 28,350 won, up 7.18%.

007070.KO ▲

RTTNews·43dRead more →