SEOUL, Amorepacific Corp. on Tuesday reported its 2023 net income of 173.9 billion won (US$130.8 million), up 34.5 percent from a year earlier.

The company said in a regulatory filing that it posted 108.2 billion won in operating profit for the year, compared with 214.2 billion from the previous year. Annual sales fell 11.1 percent to 3.67 trillion won.

Source: Yonhap News Agency