The South Korean company, a subsidiary of Amorepacific Group, reported a net profit of 180.9 billion won ($151.2 million) in 2021, a year-on-year rise of 727.7 per cent. Revenue grew 9.7 per cent year-on-year to 4.86 trillion won, according to a regulatory filing.
Amorepacific credited a 40 per cent surge in online sales as a major driver for growth in 2021.
The company, which owns K-Beauty...