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AmorePacific Reports Record Sales And Profit Gains In First Quarter Of 2016

May 2, 2016: 12:00 AM EST
AmorePacific reported net profit grew 33.1 percent to 325.3 billion won, or $284 million, compared with 244.5 billion won in the first quarter of 2016. Operating profit increased 30.7 percent to 419.1 billion won, with sales rising 21.8 percent to 1.76 trillion won, the company said. Domestic sales grew 16 percent to 1.86 trillion won, while sales overseas jumped 46 percent to 408 billion won.
Sohn Ji-young, "AmorePacific’s Q1 net profit jumps 33.1%", Korea Herald, May 02, 2016, © Herald Corporation
South Korea
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