Ccube Reports Operating Profit of 4.1 Billion KRW Last Year, Down 46% YoY

[Asia Economy Reporter Minji Lee] Ccube announced on the 10th that its operating profit last year was 4.13282 billion KRW, a 46% decrease compared to the previous year. Sales decreased by 17% to 36.9 billion KRW, and net profit fell 46% to 3.1 billion KRW.

The company stated, "The biggest impact was the decrease in sales of cosmetics due to COVID-19," and added, "Operating profit also declined as a result of the sales decrease."

On the same day, Ccube announced a cash dividend of 100 KRW per common share. The total dividend amount is 896.26 million KRW, with a dividend yield of 1.4%.