Tuesday, February 14, 2017

Cosmax group, the first ever annual sales exceeded 1 trillion won



Achieve [Korea financial newspaper gimeunji News] Global cosmetics, health food, pharmaceutical research, development and manufacturing (ODM) firm Cosmax Group last year, sales of 1.1034 trillion won (subsidiaries simple individual combined) and has achieved record-high sales performance .

Cosmax has grown to 14 days through the materials published consolidated financial statements in 2016 revenue 42% year-on-year 757 billion won, operating profit grew 46.4% said it achieved 52.6 billion won a year earlier. In addition, the holding company also Cosmax bitiahyi revenue 266.9 billion the previous year to achieve an operating profit of 20.2 billion won compared to 33.5%, and 79.0% growth respectively.

2016 domestic cosmetics business has achieved a 35.7% YoY domestic sales grew 505.5 billion won in difficult environments.

△ is the cause of the rapid growth of brand shops and shopping Foundation, Eyebrow, toneop cream, the magazine said the steady increase in product supply △ fashion, new export growth of new companies and new category of pharmaceutical form △ global customers such as sun care.

In addition, despite the slowdown in the Chinese economy, China only had a sales growth of 32% YoY as sales of 283.9 billion won. China's existing hit products such as the new domestic supply and increased foundation and makeup, mask packs of customers have also contributed to sales growth.

The holding company of Cosmax bitiahyi sales also increased to advance global direct local affiliates, including increased exports, such as Nutri-Biotech and the United States. Bio Cosmax also to the ginseng products, diet products, including probiotics in a channel of propaganda led the sales growth in home shopping.

Cosmax official said, suggesting a coming hanhaedo stable growth △ production due to the continued growth of the domestic legal size (CAPA) extended △ Global SCM operational efficiency △ Shanghai New Hue plant full operation △ massive new shipments of US corporate full production △ Indonesia's halal cosmetics He noted the growth of production.

Dividend day was also determined. Cosmax is 1000 won per share common stock, Cosmax bitiahyi has posted a cash dividend of $ 0.20. The total dividend amount is 10.04604 billion won, scale 1.9117 billion won, respectively.

Cosmax group yigyeongsu said: "One year was the last year the first new export of global customers such as to achieve the export of billion dollars in earnest," he said "this year also continued growth of the Chinese subsidiary as well as the world through the authentic expectations of the US factory No 0.1 will continue to harden cosmetics ODM's position, "he said.

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