TS Trillion, Operating Profit Turns Positive in First Half... "Growth Accelerates with Global Market Expansion"
TS Trillion announced on the 14th through a public disclosure that it achieved a turnaround to operating profit in the first half of the year.
Operating profit on a separate basis for the half-year this year was approximately 440 million KRW, and consolidated operating profit was approximately 170 million KRW, marking a return to profitability.
According to the company, cumulative sales on a separate basis for the second quarter reached about 18.9 billion KRW, and cumulative consolidated sales reached about 19 billion KRW. The increase in operating profit leading to the turnaround was attributed mainly to improved profitability.
TS Trillion manufactures and sells hair care products specialized for hair loss, hair texture, and scalp health, including shampoo, treatment, wax, and hair dye. TS Shampoo was launched on Amazon and Walmart online in the US during the first half of this year, and TS Deo-Chakhan Hair Dye recently entered the Chinese market, being sold through home shopping channels.
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Jang Ki-young, CEO of TS Trillion, stated, “We are accelerating performance growth through global market expansion and profitability improvement,” adding, “We are currently conducting asset revaluation to improve the company’s financial structure.”
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