Skin&Skin "Dental Mask Manufacturing and Other Quarantine Business Division Sales Suspension"

[Asia Economy Reporter Han Jinju] Skin&Skin announced on the 22nd that it will suspend operations of the new business division related to chlorine dioxide and dental-type mask manufacturing (quarantine business division) to discontinue marginal businesses and reduce business maintenance costs.

The company stated, "We will focus on our core businesses such as cosmetics, e-commerce, and distribution, and devote all efforts to expanding sales and improving profitability. At the same time, we will enhance the company's business capabilities to increase profitability and explore new businesses with future growth potential." It added, "In 2021, a slight decrease in sales is expected in the short term, but profitability centered on existing core businesses will be strengthened in the mid to long term."