[Alpha Biz=(Chicago) Reporter Kim Jisun] Youngwon Trading Holdings said in its earnings disclosure last month that its operating profit stood at 868.8 billion won last year. This is a 13.3% decrease from the previous year.

Sales fell 4.1 percent to 4.3499 trillion won during the same period. Net profit for the current term is 702.3 billion won, down 21.8%.

Youngwon Trading Holdings explained, "It was affected by the decline in demand in the global clothing and bicycle market of its subsidiary Youngwon Trading."

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