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Amorepacific Records Gains in 2016

Overseas sales rise 35%.

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By: Christine Esposito

Editor-in-Chief

Amorepacific Group reported sales gain of 18.3% (to KRW 6.6976 trillion) this year and operating profit rose 18.5% from a year earlier. The group attributed the continued growth in sales and operating profit to the growth of its cosmetics subsidiaries in Korea and overseas markets. Amorepacific’s domestic business recorded a 12% sales gain. Within its domestic sector, Amorepacific said the luxury unit reported a solid qualitative growth on the back of a competitive brand portfolio. Amorepacif...

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