Yonhap Infomax NewsHyundai Department Store Co. is projected to post a 22% jump in Q4 operating profit, driven by strong luxury and fashion sales, rising foreign demand, and cost savings from duty-free shop closures, despite a slight dip in overall sales.
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Hyundai Department Store Forecasts 22% Rise in Q4 Operating Profit—Core Retail Business Drives Earnings Improvement
Hyundai Department Store Co. is projected to post a 22% jump in Q4 operating profit, driven by strong luxury and fashion sales, rising foreign demand, and cost savings from duty-free shop closures, despite a slight dip in overall sales.