Gs Retail007070
▲ PositiveCapitalrelevance
GS Retail reported a 27.5% increase in Q2 operating profit and a 354.5% surge in net income, driving shares up 7.18%.
Impact on stocks 1
Consumer Staples
Gs RetailGS 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%.
Gs RetailGS Retail reported a 27.5% increase in Q2 operating profit and a 354.5% surge in net income, driving shares up 7.18%.