Shiseido net profit up 153.5% in first half 2018

Net income climbed 153.5% to ¥47.67bn ($429.7m), boosted by strong sales of what it called highly profitable prestige brands

Japanese group Shiseido’s consolidated net sales increased 12.8% to ¥532.6bn ($4.8bn) in the first half of 2018. On a local currency basis, sales rose 11.9%. This represents organic growth of 17% excluding the sale of Zotos International and other factors,...

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