Amorepacific Group Reports Operating Profit of 271.9 Billion KRW Last Year, Down 23.7% YoY (Update)

Amorepacific Group announced on the 1st that its operating profit last year was 271.9 billion KRW, a decrease of 23.7% compared to the previous year.

During the same period, sales decreased by 15.6% to 4.495 trillion KRW, and net profit for the period fell by 28.5% to 129.3 billion KRW.

Operating profit in the fourth quarter of last year was 57 billion KRW, an increase of 122.9% compared to the same period in 2021. Sales and net profit for the same period were recorded at 1.0878 trillion KRW and 24.6 billion KRW, respectively.

Meanwhile, the group's total cosmetics division sales last year were recorded at 4.1673 trillion KRW.