Sales: KRW 7.4 trillion (-1.4%)
Operating profit: KRW 151.4 billion (+35.6%)
Net profit: KRW 310.3 billion (+194.4%)
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1. Large supermarket
Sales: KRW 4.5939 trillion (-1.7%)
Operating profit: KRW 113.5 billion (-7.6%)
2. American corporation
Sales: KRW 581.4 billion (+5%)
Operating profit: KRW 12.4 billion
3. Traders
Sales: KRW 1.04 trillion (+3.6%)
Operating profit: KRW 39.5 billion (+11.6%)
4. Starfield
Sales: KRW 114.6 billion (+46.8%)
Operating profit: KRW 39.5 billion (+740.4%)
5. Chosun Hotel
Sales: KRW 210.8 billion (+12.7%)
Operating profit: KRW 22 billion (+13.4%)
6. Shinsegae Food
Sales: KRW 114.6 billion (+1.4%)
Operating profit: KRW 10 billion (+17.6%)
7. Starbucks
Sales: KRW 810.5 billion (+2.9%)
Operating profit: KRW 60 billion (-9.6%)
8. E-Mart 24
Sales: KRW 552.1 billion (-2.8%)
Operating profit: -7.8 billion
9. Sseok.com
Sales: KRW 318.9 billion (-18.3%)
Operating profit: -42.2 billion
10. Gmarket
Sales: KRW 187.1 billion (-17.1%)
Operating profit: -24.4 billion
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Convenience stores and online are the problem.
Offline, large supermarkets are the only ones making a profit.
Successfully achieved success with Traders and Starfield Hotel.
Existing offline competitors are operating in complex shopping malls and warehouse stores.
Can’t compete with E-Mart
Warehouse stores were eventually divided into Costco and E-Mart.
After seeing the success of Starfield, Lotte declared that it would invest 7 trillion won in a shopping mall complex, but I don’t know what will happen.