GS Holdings on Tuesday reported its first-quarter net profit of 521.1 billion won (US$393.6 million), down 30.4 percent from a year earlier.
The company said in a regulatory filing that it posted 1.06 trillion won in operating profit for the quarter, compared with 1.23 trillion won a year ago. Sales fell 1.8 percent to 6.83 trillion won.
Source: Yonhap News Agency