Hi-mart Co., Ltd. Announces Earnings Results for the Second Quarter and Six Months of 2012
July 24, 2012 at 05:39 am
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Hi-mart Co., Ltd. announced earnings results for the second quarter and six months of 2012. For the quarter, sales were KRW 732,202 million against KWR 839,732 million a year ago. Operating income was KWR 33,770 million against KWR 71,109 million a year ago. Net profit from continuing operations before corporate income tax was KWR 17,551 million against KWR 50,597 million a year ago. Net income was KWR 13,419 million against KWR 38,586 million a year ago.
For the six months, sales were KRW 1,426,255 million against KWR 1,606,910 million a year ago. Operating income was KWR 66,937 million against KWR 128,216 million a year ago. Net profit from continuing operations before corporate income tax was KWR 34,997 million against KWR 88,153 million a year ago. Net income was KWR 26,758 million against KWR 67,065 million a year ago.
LOTTE Himart Co Ltd is a Korea-based company mainly engaged in the sale of electronic products. The Company mainly sells home appliances, smart phones and tablet personal computers (PCs) through retail stores and online shopping malls. In addition, the Company provides installation, repair and maintenance services for home appliances and electronic products.