Seoul: E-Mart Inc., South Korea's leading discount retailer, on Thursday reported a second-quarter net loss of 136.8 billion won (US$96.6 million), remaining in the red compared with a year ago.
According to Yonhap News Agency, the company, a key affiliate of Shinsegae Group, said in a regulatory filing that it posted an operating loss of 43 billion won for the April-June period, compared with a profit of 21.6 billion won a year ago. Revenue also fell 1.8 percent to 6.91 trillion won.