Friday, April 14, 2017

Kupang, last year sales of 1.9 trillion ... An operating loss of 565.2 billion



[Korea gimeunji financial newspaper reporter] had recorded a sharp growth of this year's e-commerce sales of 1.9 trillion Kupang operating loss was 3.3% compared to the previous year leads to greater visibility recorded a 565.2 billion won. Thus from 2013 until last year, cumulative losses in Kupang has exceeded 1 trillion.

Kupang is the 14th year announced sales of 1.9 trillion won and an operating loss of 565.2 billion won, recording a net loss of 561.8 billion won profit.

According to Kupang gross profit from sales minus the cost of goods sold grew 2.6 times year-on-year to 390 billion loss ratio was reduced by 40% compared to revenues. Gross margin increased by 58.6% yoy (12.8%) to 20.3%.

Kupang, explained the logistics infrastructure and technology investments continued crazy about the impact to the operating loss recorded a 500 billion won.

Kupang had built the logistics infrastructure of the scale 102 football fields (730,000 m²) 2016, extended the Rocket Ship region to 100% across the country. Double-ku pangmaen shipping area was conducted aggressive investment of more than 85%. We also continued to invest in innovative technology.

Kupang official "sales compared to the loss ratio contributed profit also switch surplus in the fourth quarter 2016 to be used as a key indicator of profitability to 40% reduction closer than last year dwaeteumyeo significantly improved profitability," said, "This is that for a sales occurring after means of infrastructure investment that begins to recover, "he said.

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