Benefit from the rise in global sales, Super 117% yashilandai recorded in the first quarter profits rose, equivalent to more than twice in the third quarter of last year. Owns Clinique, the Phantom, babibolang skin care cosmetic brands such as yashilandai released results on Thursday, first-quarter net profit of us $ 124.7 million, $ 57.5 million over the same period last year, profit increase of more than 117%. Excluding one-off items, earnings per share of 71 cents per share the company, consistent with the Thomson Reuters expected.
Sales reach us $ 2.16 billion in the first quarter, compared with $ 1.86 billion over the same period last year rose 16%, expectations of more than US $ 2.05 billion before. The company's sales growth the rise in profits for all classes. Cosmetics sector sales increased by 24% for $.
Skin care and defend products division were up by 14%.
The company said in a statement, yashilandai based on the development strategy of "great progress", including controlling operational costs, reducing non-value added costs. Fabrizio Freda, Chief Executive of the cosmetics manufacturer in New York Headquarters said: "so far, our quarterly results and achieved profit validates strategy before. Combination of our extensive and differentiated brand, category and location, enables companies to gain the edge in the increasingly fierce competition. "Yashilandai also said Japan 311 great earthquake tsunami no actual impact on the performance of the company, even one of the major markets of Japan sales shrank 4%.
