Classys Reports Q1 Revenue of 21.3 Billion KRW... "Achieves Highest Quarterly Export Sales"
[Asia Economy Reporter Hyunseok Yoo] Classys announced on the 14th that its sales in the first quarter recorded 21.3 billion KRW, a 0.5% decrease compared to the same period last year.
A company official stated, "Although sales decreased compared to the same period last year, they increased by 2% compared to the previous quarter," adding, "quarterly sales recovery is showing, and the cumulative global sales volume of our flagship product, Shurink, has surpassed 7,000 units."
In the domestic market, a slight decline in sales continues due to ongoing high-level quarantine measures and bans on gatherings of five or more people. However, the company explained that stable scale is being maintained through strengthened marketing and product diversification.
Overseas, rather than the impact of the increase in confirmed cases, it is understood that the awareness of Shurink (overseas name Ultraformer III) and the spread of global trends are accelerating.
In particular, export sales reached 13.6 billion KRW, marking a quarterly record high. Despite lockdown measures, Brazil maintained steady sales. Sales in other overseas countries increased by about 20% compared to the previous quarter.
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A company official said, "Although the overseas market is still in its early stages, the proportion of consumables sales has exceeded about 40%, which is evidence that the number of procedures is rapidly increasing along with equipment introduction," adding, "we are implementing aggressive strategies such as strengthening marketing, expanding production scale, and broadening product lineups to foster growth in overseas markets."
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