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Amorepacific Reports Significant Q4 Net Loss Amid Revenue Growth

Seoul: Amorepacific Corp. on Thursday reported a fourth-quarter net loss of 46.2 billion won (US$31.9 million), marking a shift from a profit of 38.2 billion won in the same period the previous year.

According to Yonhap News Agency, the company's operating profit for the October-December period was 78.5 billion won, representing an increase of 279.6 percent from the previous year. Additionally, the company's revenue experienced a rise of 17.9 percent, reaching 1.09 trillion won.