[Edaily Reporter KYUNG GYEYOUNG ] d'Alba Global posted an operating profit of 33.4 billion won in the third quarter, setting a new record for that quarter. The year-over-year increase of 101% compared to the third quarter of last year was also the highest on record.
#d'Alba Global announced on the 12th that its consolidated operating profit for the third quarter was 33.4 billion won, a 100.7% increase from the same period last year. Preliminary figures for the same period showed revenue increased by 36.3% to 155.6 billion won, while net income rose by 5.5% to 14.8 billion won.
Applying the won-dollar exchange rate at the end of the second quarter, revenue would have been 170.5 billion won; the estimated negative impact on revenue due to the decline in the won-dollar exchange rate (won appreciation) was approximately 9%.
Cumulative operating profit for the first three quarters reached 125.8 billion won, surpassing last year’s full-year operating profit of 101.5 billion won, while revenue also reached 513.7 billion won, approaching last year’s level (519.8 billion won).
Overseas revenue totaled 116.6 billion won, a 59% increase compared to the third quarter of last year, while domestic revenue fell 4% to 39.0 billion won over the same period. Overseas revenue accounted for 75% of the total.
By country, Japan (24.7 billion won) generated the highest revenue, followed by North America (23.2 billion won), ASEAN (22.4 billion won), Europe (16.3 billion won), Russia (15.0 billion won), and Greater China (7.9 billion won). Europe and Greater China posted the highest revenue growth rates (year-over-year) at 162% and 134%, respectively.
d'Alba Global plans to continue its growth by expanding into Shinhung markets, including India and the Middle East. The company intends to diversify its product lineup—including the launch of bath and body products in the first half of next year—and actively foster high-value-added new businesses, such as “Dalba Signature.”
d'Alba Global sunscreen. (Photo courtesy of d'Alba Global)
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