(LEAD) Amorepacific Group Q3 net income up over sixfold

BRAND / 남광식 / 2021-10-29 18:12:07
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(LEAD) Amorepacific Group-Q3 earnings
▲ This file image provided by Amorepacific Group shows the group's English-language name. (PHOTO NOT FOR SALE) (Yonhap)

(LEAD) Amorepacific Group-Q3 earnings

(LEAD) Amorepacific Group Q3 net income up over sixfold

(ATTN: RECASTS headline, lead; UPDATES with more info throughout; ADDS photo)

SEOUL, Oct. 29 (Yonhap) -- Amorepacific Group said Friday its third-quarter net profit rose more than sixfold from a year ago on the back of robust performances in its key subsidiary.

Net income came to 45.5 billion won (US$38.9 million) in the quarter, compared with 7 billion won a year ago, the company said in a regulatory filing.

Operating profit for the July-September period fell 15.2 percent on-year to 51.7 billion won.

Sales increased 0.5 percent to 1.21 trillion won.

Amorepacific Corp., a key subsidiary of Amorepacific Group, reported its net profit rose more than fivefold to 38.5 billion won in the third quarter from a year ago on the back of increased domestic sales.

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