/Courtesy of APR

The consolidated operating profit of beauty tech corporation APR for last year was 122.7 billion won, which represents a 17.7% increase compared to the previous year, according to provisional figures.

According to the Financial Supervisory Service's electronic disclosure system on the 10th, the sales amount for the same period was 722.8 billion won, a figure that increased by 38% compared to the previous year. The net profit for the period was 106.1 billion won, up 30.2% from the previous year.

In the fourth quarter of last year, the consolidated operating profit was 39.6 billion won, up 15.4% compared to the same period of the previous year. The sales amount for the same period was 244.2 billion won, a 60.6% increase from the previous year. The net profit was recorded at 42 billion won, a 74.2% increase compared to the previous year.

This was noted to be the largest quarterly performance ever by APR. In the cosmetics and beauty sector, last year's sales reached 338.5 billion won, a 58% increase compared to the previous year. Sales in the beauty device sector increased by 44.6% to 312.6 billion won. Notably, driven by a rapid growth trend particularly in the U.S. market, APR strengthened its position in overseas markets.

An APR official said, "Despite the unstable economic situation, we achieved our largest performance ever through the joint success of cosmetics and beauty devices," and added, "This year, we aim to elevate ourselves to a corporations with trillion won sales through maximum growth in scale."

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