THE WHAT? LG Household & Health Care saw net profit fall 15.3 percent year on year in the first quarter of financial 2023, according to a report published by Korea JoongAng Daily.
THE DETAILS Sales rose a modest 2.4 percent versus the prior-year period, hitting KRW1.68 trillion, with flat beauty sales attributed to a slow recovery in China. The Home Care and Daily Beauty division saw sale rise 1.9 percent while Refreshment sales rose a healthy 6.7 percent yoy.
THE WHY? The lower-than-expected KRW96.3 billion net profit was attributed to increased costs while sales in China, traditionally a strong market for LG, falling in the double digits.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
