Hyundai Home Shopping announced on the 7th that its consolidated operating profit for the first quarter of this year was 48.1 billion won, a decrease of 18.6% compared to the same period last year.
During the same period, sales amounted to 95.99 billion won, a decrease of 3.5% from the same period last year.
Net profit for the first quarter of this year was 33.8 billion won, a decline of 71.7% compared to the same period last year.
Hyundai Home Shopping's consolidated revenue includes the performance of Hyundai Home Shopping, as well as Hyundai L&C, Handsome, and Hyundai Futurenet.
For the first quarter of this year, Hyundai Home Shopping's separate sales were 26.88 billion won, a decrease of 9% compared to the same period last year.
During the same period, the separate operating profit was recorded at 25.5 billion won, an increase of 23.8% compared to the same period last year.