Cosmetics specialist NFC said on the 12th that it posted sales of 18.2 billion won and operating profit of 2.94 billion won in the third quarter this year.
Cumulative sales for the third quarter came to 46.2 billion won, up 185% from a year earlier. Cumulative operating profit was 7.43 billion won, and the improvement in operating profit and loss compared with the same period last year reached 13.8 billion won. Both sales and operating profit were the highest since the company's founding.
NFC explained that a shift to an original design manufacturing (ODM)-centered model contributed to achieving record results.
An NFC official said, "Based on efficacious active ingredients and formulation technology, we are strengthening our finished goods ODM business in skin care and cleansing and expanding our customers from global indie to major brands."