Shinsegae International Q2 net profit down 41.7 pct to 19.4 bln won

Shinsegae International Inc. on Wednesday reported its second-quarter net income of 19.4 billion won (US$14.7 million), down 41.7 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 52.5 percent on-year to 18.4 billion won. Revenue decreased 13.1 percent to 333.8 billion won.

Source: Yonhap News Agency

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