Kao cosmetics sales up 5% in 2018

Japan-based Kao’s net profit rose 4.5% to ¥155.33bn ($1.41bn) in 2018. Net sales grew 1.2% to ¥1,508bn ($13.71bn).

Sales at the group’s cosmetics business grew 5% to ¥279.6bn ($2.54bn). On a like-for-like basis, sales also rose 5%. Kao introduced a...

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