[Market Focus] Amorepacific Rises on Strong First-Quarter Earnings

Amorepacific is experiencing an upward trend thanks to strong first-quarter results this year.

As of 9:18 a.m. on April 30, Amorepacific was trading at 126,100 won on the Korea Exchange, up 3,000 won (2.44%) from the previous day.

On the same day, the holding company Amorepacific Group announced in a provisional disclosure that its consolidated operating profit for the first quarter of this year reached 128.9 billion won, a 55.2% increase compared to the same period last year. During the same period, sales rose by 15.7% to 1.1648 trillion won, and net profit increased by 43.2% to 140 billion won. The main affiliate, Amorepacific, recorded sales of 1.0675 trillion won and operating profit of 117.7 billion won, up 17% and 62%, respectively. These figures exceed market expectations, which had forecast sales of 1.233 trillion won and operating profit of 99.5 billion won.

This content was produced with the assistance of AI translation services.