Pumtek Korea Reports Q2 Operating Profit of 7.6 Billion KRW... Record High Performance

[Asia Economy Reporter Minji Lee] Permtek Korea, a packaging container specialist company for cosmetics, household goods, and pharmaceutical products, announced on the 17th that its consolidated operating profit for the second quarter reached 7.6 billion KRW, marking a 3% increase compared to the same period last year. Sales rose 10% year-on-year to 61.9 billion KRW, achieving a record high performance.

During the same period, separate sales amounted to 45.8 billion KRW and operating profit to 6.9 billion KRW, representing increases of 13% and 23% respectively compared to the previous year, making it the largest quarterly performance based on separate sales as well.

Due to industrial diversification and the reopening effect of the cosmetics market, the company recorded its highest sales for three consecutive quarters. A company official stated, “Starting this year, excluding the effects of consolidation from new business acquisitions, achieving record-high sales on a separate basis is very encouraging,” adding, “In the second half of the year, we expect overseas brand sales to recover through cooperation with KDC/ONE, with whom we signed a partnership agreement in April.”

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