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Shinsegae Q3 net income soars 146.4% to $88.5 mil.

Shinsegae Inc., the operator of Korea's major department store chain, on Tuesday reported its third-quarter net profit of 119 billion won ($88.5 million), a 146.4 percent jump from a year earlier. The retailer said in a regulatory filing that operating profit for the July-September period increased 64.7 percent on-year to 164.3 billion won. Revenue also inched up 1.2 percent to 1.65 trillion won.…

Shinsegae Q3 net income soars 146.4% to $88.5 mil.

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