F&BSGThe Business of F&B.CJ CheilJedang Q3 profit falls despite higher food sales
CJ CheilJedang reported third-quarter consolidated revenue of KRW7.40 trillion, up 7.0%, while operating profit fell 7.4% to KRW309.1 billion. Excluding CJ Logistics, lifestyle-food sales rose 3.8% to KRW2.57 trillion and operating profit was flat.
What happened
CJ CheilJedang reported third-quarter consolidated revenue of KRW7.40 trillion, up 7.0%, while operating profit fell 7.4% to KRW309.1 billion. Excluding CJ Logistics, lifestyle-food sales rose 3.8% to KRW2.57 trillion and operating profit was flat.
Source and editorial note
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