[Alpha Biz= Ellie Kim] Amorepacific shares declined sharply on April 29 following its first-quarter earnings release, despite reporting growth in both revenue and operating profit.

As of 10:05 a.m., the stock was trading at KRW 139,100, down 4.86% from the previous session, after falling more than 5% intraday to KRW 138,600.

The company reported consolidated revenue of KRW 1.14 trillion for the first quarter, up 6.4% year-on-year. Operating profit rose 7.6% to approximately KRW 126.7 billion over the same period.

 

 

 

[ⓒ 알파경제. 무단전재-재배포 금지]