BGF Retail Co. reported a 8.9% year-on-year drop in Q2 operating profit to 69.4 billion won, citing weak domestic demand and rising fixed costs, while revenue rose 4% as the company plans further store expansion and discount events to boost competitiveness.
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https://en.infomaxai.com/news/articleView.html?idxno=76081

Shinsegae Co. is projected to report a 25% drop in Q2 operating profit as fixed costs and weak department store sales weigh on earnings, but analysts expect a rebound in H2 on improved consumption and base effects.
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https://en.infomaxai.com/news/articleView.html?idxno=72446

Cash Flow

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