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Japan's Shiseido says profit plunges 73% amid sluggish sales in China
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Japan's Shiseido says profit plunges 73% amid sluggish sales in China
Feb 9, 2025 10:58 PM

TOKYO (Reuters) - Japanese cosmetics giant Shiseido ( SSDOF ) on Monday said full-year profit fell 73% amid sluggish demand in China.

Shiseido ( SSDOF ) said operating profit was 7.58 billion yen ($49.9 million) in the 12 months to the end of December, compared with 28.13 billion yen the prior year.

($1 = 151.8300 yen)

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