Japanese player Pola Orbis reports 8.5 percent rise in sales in 2012
The Japanese cosmetics company has ended 2012 with sales of ¥180,873m (Chinese Yuan), an 8.5 percent increase from the year before.
The positive result is said to be attributed to solid domestic sales of the Pola brand, as well as earnings from Jurlique, which the company acquired in February last year for approximately US $300m.
Operating income, meanwhile, rose 5.2 percent year on year to ¥13,520m, although net income fell 16.9 percent to ¥6,681m.
Within the company’s beauty care segment, which consists of its flagship brands Pola and Orbis, along with brands under development Orlane, Decencia and Three, and overseas brands H2O Plus and Jurlique, net sales came to ¥168,811m, edging up 9.1 percent on the prior year. Operating income totalled ¥11,812m, up 9.5 percent year on year.
