F&F Posts Solid Overseas Sales... Q3 Operating Profit Surges to 128 Billion KRW

[Financial News] Fashion company F&F announced on the 10th that its consolidated sales for the third quarter reached 474.3 billion KRW.
This represents a 5.2% increase compared to the same period last year.
Operating profit was 128 billion KRW, up 18.2% year-on-year.
Net profit for the period rose to 100.7 billion KRW, marking a 26.2% increase from the third quarter of last year.
A representative from F&F explained, "Robust growth in overseas markets, including China, led to visible increases in both sales and operating profit compared to the previous year. In particular, strategies focused on store efficiency and renovations resulted in qualitative improvements, while the Chinese subsidiary recorded double-digit growth, driving overall performance."
The spokesperson added, "With the onset of the winter peak season and a recovery in domestic consumption, stable growth is expected to continue through the end of the year."
clean@fnnews.com Lee Jeong-hwa Reporter