Seoul [South Korea], November 8 (ANI): South Korean cosmetics company Amorepacific Co. saw its shares surge Friday morning, following upbeat market assessments of its robust third-quarter earnings, as per a report by Pulse, the English service of Maeil Business News Korea.Amorepacific shares were trading at 126,900 won (USD 86) as of 9:06 am on Friday, up 7 per cent from the previous session.Amorepacific announced that its operating profit rose 41 per cent to 91.9 billion won in the third quarter. Sales climbed 4 per cent to 1.02 trillion won.“The results were solid and met expectations," said Samsung Securities Analyst Lee Ga-young. “Growth of its own brands in the United States and Europe is expected to continue driving performance into the fourth quarter.Meanwhile, Innotech made a stron
K-beauty giant Amorepacific soars on solid Q3 earnings
News 18 India7 hrs ago
74


Raw Story
Columbia Daily Tribune Sports
AlterNet
New York Post