date:Dec 17, 2013
t compared with the previous year.
On the back of such rosy results, 82 percent of those surveyed said they will expand their overseas business next year. But their balance sheets say otherwise.
Despite the aggressive expansion of key local discount chain operators, they failed to take profits in overseas markets, especially China, Hong Sung-soo, an analyst at NH Investment Securities Co., said by phone. It is difficult to predict when the local discounters will reach the break-even point.
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