Buoyed by strong fourth-quarter results last year, APR jumped 11% early on the 4th. It reset the intraday 52-week high.
As of 9:59 a.m., APR was trading at 304,000 won on the Korea Exchange, up 32,000 won (11.76%) from the previous session. It rose to as high as 306,500 won intraday, setting a 52-week high.
APR disclosed that its consolidation-basis revenue in the fourth quarter last year was 547.6 billion won, up 124.2% from a year earlier. Operating profit during the same period was 130.123 billion won, up 227.9% year over year. Net profit came to 99.5 billion won, up 129.4%.
Brokerages analyzed the U.S. market as the growth engine. Han Song-hyeop of Daishin Securities said of the fourth-quarter results, "Thanks to the Black Friday–Cyber Monday (BFCM) season effect and the spread of hit SKUs, it ranked No. 1 in quarterly sales in Amazon's skincare category," and added, "Sales to Ulta also nearly doubled from about 7 billion won in the third quarter to the fourth quarter, so not only is online-led top-line growth continuing, but profitability improvement from channel diversification is also expected."