Amorepacific Corporation: “Business-Year Sales Target Set at KRW 4.95 Trillion; Operating Profit Margin Expected at 11%–12%” [Disclosure]

[Financial News] Amorepacific Corporation disclosed on the 11th that its consolidated sales target for the business year running from the second half of this year through the first half of next year is KRW 4.95 trillion.
The specific period runs from July 1 of this year through June 30 of next year. This is Amorepacific Corporation’s management cycle, and the sales forecast was prepared based on recent operating performance and its business plan.
The target operating profit margin for the period is approximately 11%–12%. It was presented as a range rather than a specific figure, taking into account the possibility of changes in domestic and external conditions.
Actual sales from July 1 of last year through June 30 of this year totaled KRW 4.492 trillion, 10.2% higher than the company’s target of KRW 4.4 trillion.
Amorepacific Corporation stated, "Because the operating performance forecast is an estimate that includes predictive information, the forecast and actual results may differ depending on the company’s future operating conditions or business environment."
As of 2:14 p.m. that day, Amorepacific Corporation’s share price was KRW 139,300, up 0.51% from the previous trading day.

[email protected] Sang-hyeok Lim Reporter