LG Household sells 1 trillion won of cosmetics in quarter

Home > Business > Industry

print dictionary print

LG Household sells 1 trillion won of cosmetics in quarter

LG Household & Health Care sold 1 trillion won ($885.2 million) of cosmetics for the first time ever in a quarter, the company said Thursday.

In its 2018 fourth quarter, cosmetics sales totaled 1.05 trillion won, an increase of 18.2 percent year on year. It credits strong sales of luxury line “The History of Whoo” for the good performance, adding that Whoo became the first single brand in the domestic cosmetics industry to reach 2 trillion won in annual global sales.

LG’s health care arm achieved another first. It recorded annual operating profits over 1 trillion won for the first time last year, while posting 6.7 trillion won in total sales.

By Kim Eun-jin

More in Industry

Samyang Group Honorary Chairman Kim Sang-ha dies at 95

Kia shares hit new high after rumor it's behind the Apple car

Egg market seizing up as consumers fear shortages

eBay Korea may be on the block as parent sells assets

Steel production pioneer Chung Myung-sik dies at 90

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now