Samsung C&T's fashion division reported on the 22nd that its operating profit for the past year was 170 billion won, a decrease of 12.4% (24 billion won) compared to the previous year.
Sales last year amounted to 2.04 trillion won, down 2.3% (47 billion won) from the previous year.
In the fourth quarter of last year, sales and operating profit were 541 billion won and 43 billion won, respectively, both showing decreases of 0.7% and 6.5% compared to the same period the previous year.
A representative from Samsung C&T's fashion division noted, "The slight decrease in sales and operating profit compared to the previous year was due to declining consumer sentiment and climate factors. However, given the climate impact and market conditions, we assess that we performed relatively well."