Japan's Shiseido says annual profit plunges 73% amid sluggish sales in China

Cosmetics giant Shiseido said on Monday its full-year profit fell 73% amid sluggish sales in China, with operating profit at JPY7.58 billion ($49.9 million) at end December 2024, compared with JPY28.13 billion in 2023.

Feb 10, 2025 - 12:56
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Japan's Shiseido says annual profit plunges 73% amid sluggish sales in China
Cosmetics giant Shiseido said on Monday its full-year profit fell 73% amid sluggish sales in China, with operating profit at JPY7.58 billion ($49.9 million) at end December 2024, compared with JPY28.13 billion in 2023.