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Shiseido projects 72% profit decline amid China challenges

TOKYO -- Shiseido downgraded its consolidated net profit forecast for 2024 by 72% on Thursday, to 6 billion yen ($39 million) from 22 billion yen, amid continued sluggishness in China and uncertainty in the Japanese cosmetics company's travel retail

By: Biztoc.com

Nov 09 2024
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330 Views

TOKYO -- Shiseido downgraded its consolidated net profit forecast for 2024 by 72% on Thursday, to 6 billion yen ($39 million) from 22 billion yen, amid continued sluggishness in China and uncertainty… [+155 chars]

Shiseido projects 72% profit decline amid China challenges

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