[Korea sinmijin financial newspaper reporter] GS Home Shopping has increased with the growing mobile rental, travel, etc. Thanks to the intangible product sales the first quarter, operating profit is 37.1% YoY.
According to the 25th Financial Supervisory Service 1.0019 trillion won in the first quarter billings GS Home Shopping has increased by 10% compared to the same period last year, sales of 270.4 billion won, down 1.4%, and net profit came in at 4.4%, down 26.4 billion won.
The same period, operating profit rose to 44 billion won increased by 37.1% yoy. However, the operating profit has been reflected one-off tax rebate 10.9 billion won.
Last August, earn points to pay for purchases customers will receive according to the tax return was paid in accordance with the ruling of the Supreme Court to the overcharge amount that can not be taxed VAT.
GS side is reported to have led to the growth of mobile shopping pumped up. Mobile Shopping pumped GS Home Shopping has totaled to have increased by 17.2% YoY to 358 billion won. The rebound effect as Internet shopping has declined 7.9%.
By the growth of commodity intangible goods it drove pick handle. YoY billings last year of travel products totaled ‧ Rental grown by 22%. The proportion of clothing and haberdashery goods fell 1% YoY food share has increased by 2%.
GS Home Shopping officials "are gradually expanding consumer groups through the rental and air purifiers, such as early entry barriers are higher installment benefits, products and promotions, such as free AS strategy," he said.
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