General

Amorepacific Group Q4 net income up 348.7 pct to 47.9 bln won


SEOUL, Amorepacific Group on Tuesday reported its fourth-quarter net profit of 47.9 billion won (US$36 million), up 348.7 percent from a year earlier.

Operating income for the October-December period was 29.9 billion won, down 62 percent from a year ago, the company said in a regulatory filing. Revenue fell 14 percent to 1.01 trillion won.

Source: Yonhap News Agency