GS Retail (KRX:007070) posted second-quarter net income attributable to shareholders of 15.3 billion won, down 74% from 59.7 billion won a year earlier, according to a Friday filing with the Korea Exchange.

The retailer's sales increased 1.7% year over year to 2.980 trillion won from 2.930 trillion won.

Shares of GS Retail rose nearly 6% in recent trade.