Seoul: GS Holdings on Tuesday reported its 2024 net profit of 842.8 billion won (US$580.1 million), marking a decrease of 46.6 percent from the previous year.
According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the year was 2.99 trillion won, down from 3.72 trillion won in the previous year. Additionally, GS Holdings announced a 2.9 percent decline in annual sales, amounting to 25.23 trillion won.