E-Mart opens the era of 20 trillion won in sales despite corona

(Photo = Emart)
(Photo = Emart)

[라이센스뉴스 정재혁 기자] E-Mart has opened the era of 20 trillion won in sales after 27 years of its founding.

E-Mart announced on the 9th that it recorded 22,33 trillion won in consolidated sales last year through disclosure on the 9th. This is a record-high sales, up 15.6% from the previous year (19,62.9 billion won).

Operating profit was 2372 billion won, up 57.4% from the previous year (150.7 billion won). Net profit was totaled at 366.2 billion won, an increase of 62.0% year-on-year due to the gain from the sale of the Magok site.

E-Mart is said to have turned the bad news of Corona 19 into a good news thanks to the quick improvement work. To counter the ever-growing e-commerce, the existing hypermarkets were reorganized into grocery-focused stores, and sales surged as demand for groceries increased due to the Corona 19 incident.

In fact, the sales growth rate of existing stores at discount stores (large marts) is 1.4%, which has returned to positive growth in four years since 2016, and the total sales growth rate of traders, a warehouse type discount store, is also cruising at 23.9%.

An E-Mart official said, “We reinforced customer-centered management despite the uncertain external environment such as Corona 19, and the even growth of consolidated subsidiaries such as SSG.com and Shinsegae TV Shopping led to an increase in sales and operating profit.”

On the other hand, E-Mart announced that it has decided on a cash dividend of 2,000 won per share. The total dividend amount is 52.9 billion won, and the market dividend rate is 1.33%.

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