Laneige's parent company AMOREPACIFIC's 2Q operating profit fall 67%, due to corona aftermath

On the 31st, Laneige's parent company AMOREPACIFIC Group released its 2nd quarter results through the Financial Supervisory Service. Sales in the second quarter were 1.18 trillion won and operating profit of 36.3 billion won, down 25% year-on-year and operating profit 67%.
The Laneige brand has strengthened the foundation for digital channel growth by participating in the'Lazada Super Brand Day' event targeting the ASEAN market. Laneige and Mamonde expanded their multi-brand shops in ASEAN.