Handsome Reports 30% Drop in Q2 Operating Profit

COMPANY / Kim Minyoung / 2024-08-07 03:38:03

(Photo= Yonhap news)

 

[Alpha Biz= Reporter Kim Minyoung] Handsome, a fashion company under the Hyundai Department Store Group, saw its operating profit plummet by approximately 30% in the second quarter of this year.

According to data from the Financial Supervisory Service's electronic disclosure system, Handsome's revenue for Q2 was 341.7 billion won, marking a 1.2% decrease compared to the same period last year. The operating profit for the quarter was 4.1 billion won, a 30% drop from the previous year.

For the first half of the year, the company's cumulative revenue decreased by 2.2% to 735.3 billion won, while operating profit fell by 40% to 36.5 billion won.

 

 

Alphabiz Kim Minyoung (kimmy@alphabiz.co.kr)

주요기사

Hyundai Motor Securities Raises SK Hynix Target Price by 24.6% to KRW 405,000
Shinhan Investment & Securities Maintains ‘Buy’ Rating on Orion, Expects Sales Growth and Stock Recovery in Second Half
Samsung Securities Raises Target Price for L&F to KRW 100,000, Citing Stronger Fundamental Recovery
Hyundai Mobis Union Continues Strike Independently, Citing Broken Wage Agreement
Over KRW 1.5 Trillion in Pension Premiums Miscollected Over Past 5.5 Years
뉴스댓글 >

SNS