GS Holdings 2023 net income down 36.2 pct to 1.58 tln won

SEOUL, GS Holdings on Wednesday reported its 2023 net profit of 1.58 trillion won (US$1.2 billion), down 36.2 percent from a year earlier.The company said in a regulatory filing that operating income for the year fell 27.4 percent on-year to 3.71 trillion won. Annual sales decreased 9.1 percent to 25.97 trillion won.Source: Yonhap News Agency