Kolmar Korea Posts KRW 78.9 Billion Operating Profit in Q1...Highest-Ever Quarterly Results
Sales Reach KRW 728 Billion, Net Profit KRW 60 Billion
Kolmar Korea achieved its highest-ever quarterly results in the first quarter, driven by increased orders for skincare and sun care products.
On May 8, Kolmar Korea announced that its consolidated operating profit for the first quarter of this year reached KRW 78.9 billion, a 31.6% increase compared to the same period last year.
During the same period, sales rose by 11.5% to KRW 728 billion, while net profit surged 158.7% to KRW 60 billion. Both sales and operating profit set new records for the first quarter in the company's history.
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A Kolmar Korea official stated, "We achieved record-high first-quarter results as increased demand during the summer season led to more skincare and sun care orders, combined with strong exports from indie brands."
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