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Cosmetics Makers’ Q2 Profits Tipped to Have Fallen 20 pct amid Pandemic

Cosmetics Makers’ Q2 Profits Tipped to Have Fallen 20 pct amid Pandemic

SEOUL, July 9 (Korea Bizwire) — South Korea’s major cosmetics makers are forecast to have seen their operating profits fall nearly 20 percent in the second quarter from a year ago as sales at duty-free shops faltered amid the coronavirus pandemic, a poll showed Thursday. The combined operating profits of Amorepacific, LG Household & Health [...]