India, Nov. 3 -- GS Retail Co. Ltd. (007070.KS) reported Wednesday higher third-quarter operating profit with growth in sales, while net profit declined from last year.
Operating income for the quarter was 132.127 billion won, up 18.9 percent from 111.149 billion won last year. Sequential growth was 20.8 percent.
Net income attributable to shareholders of parent company, meanwhile, fell 46.7 percent to 50.352 billion won from 94.515 billion won in the prior year.
Quarterly sales were 3.314 trillion won, up 3.4 percent from 3.205 trillion won in the previous year.
In South Korea, the shares were trading 4.41 percent higher, at 23,700.00 won.
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