Business · Companies · 2 hrs ago

Kolmar Korea’s third-quarter operating profit rises 40.5%

Kolmar Korea’s third-quarter operating profit rises 40.5%

South Korean cosmetics company Kolmar Korea reported its third-quarter results on November 6.

The figures cover the company and its subsidiaries on a consolidated basis and are preliminary.

Operating profit reached 81.9 billion won, 40.5% higher than in the same quarter last year.

Revenue was 828.2 billion won, up 21.3% year on year.

Net profit rose 22.1% to 51.7 billion won.

All three reported measures increased, showing growth in revenue, operating profit and net profit compared with a year earlier.

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