Hyundai Department Store’s Zinus stake falls below one-sixth of book value
AI Summary- Hyundai Department Store recorded Zinus at 477 billion won on its books at June-end.
- Zinus’ stake was worth about 76.7 billion won, down from 143.9 billion won a year earlier.
- Zinus bought the mattress maker in May 2022 to establish a new growth pillar.