{
  "id": 18079539,
  "title": "Hyundai Department Store Q3 net income down 35.6% to $22.9 mil.",
  "url": "https://urgent.news/2026/11/04/hyundai-department-store-q3-net-income-down-35-6-to-22-9-mil-18079539",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-04T06:42:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20261104/hyundai-department-store-q3-net-income-down-356-to-229-mil"
  },
  "original_language": "en",
  "account": null,
  "summary": "Hyundai Department Store reported a third-quarter net income of 30.7 billion won ($22.9 million), marking a 35.6 percent decrease from the previous year. Despite this drop, the company's operating profit for the July-September period rose 30.1 percent to 94.6 billion won. Sales also saw an increase of 16 percent, reaching 1.17 trillion won, according to a regulatory filing reported by The Korea Times.\n\nThe company's earnings fell short of market expectations. The Korea Times noted that the average net profit estimate among analysts was 60.3 billion won, based on a survey by the financial data firm Yonhap Infomax. Hyundai Department Store operates premium outlets, high-end department stores, an online store, and the home interior brand Livart.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}