Amorepacific sees operating profit decline in first quarter 2017

Amorepacific Group saw its sales increase 5.5% in the first quarter of 2017

South Korea-based Amorepacific Group reported sales of KRW1,855.4bn ($1.78bn) for the first quarter of 2017, up 5.5% year-on-year. The group said travel retail, e-commerce and overseas markets continued to perform well.

However, the group’s operating profit for the period declined...

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