Seoul: GS Holdings on Tuesday reported its fourth-quarter net income of 224.5 billion won (US$154.1 million), marking a 205.9 percent increase from the previous year's figures.

According to Yonhap News Agency, the company announced in a regulatory filing that its operating income for the October-December period saw a rise of 23.3 percent on-year, reaching 767.2 billion won. Additionally, the company's sales experienced a growth of 1.4 percent, totaling 6.48 trillion won.