E-MART Inc. (139480.KS), a a hypermarket retail company, on Wednesday reported lower first-quarter profit, while operating income increased despite a decline in sales.
Net income from continuing operation before income tax fell to 115.5 billion won from 119.2 billion won in the same period last year.
Operating profit rose to 178.3 billion won from 159.3 billion won a year earlier.
Net income attributable to shareholders of the parent company decreased to 59.8 billion won from 70.8 billion won a year earlier.
Sales declined 1.3% to 7.123 trillion won from 7.219 trillion won in the same quarter last year.
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