AMOREPACIFIC DISPLAYS SLUGGISH GROWTH IN THIRD QUARTER ON BACK OF UNINSPIRED SALES

• Amorepacific Corp. said Wednesday its third-quarter net income declined 93.1 percent from a year earlier as sales of its cosmetics at brick and mortar stores were hit by the new coronavirus outbreak.
• Net income revenue posted was 7 billion won (US$6.2 million) in the July-September period, compared with 102.3 billion won a year earlier, South Korea's largest cosmetics maker said in a regulatory filing.

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