Kolmar Korea said on May 8 that its preliminary operating profit for the first quarter last year rose 31.6% from a year earlier to 78.9 billion won.
Revenue for the same period increased 11.5% to 728 billion won, and net income jumped 158.7% to 60 billion won. Both operating profit and revenue were record highs on a quarterly basis.
With summer approaching, expanded orders for skin care and sun care, coupled with strong exports of indie brands, were seen as driving strong first-quarter results.
Recently, buoyed by the strong performance of K-beauty in global markets, Kolmar Korea's results have been soaring. Last year, Kolmar's revenue was 2.7224 trillion won and operating profit was 239.6 billion won, marking record-level performance.
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