E-Mart (KRX:139480) posted first-quarter net income attributable to shareholders of 59.8 billion won, down nearly 16% from 70.8 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.
The South Korean retailer's sales fell 1.3% year over year to 7.123 trillion won from 7.219 trillion won.
Shares of E-Mart fell more than 1% at market close.