Estee Lauder’s first quarter report: benefiting the Asia-Pacific market

On November 5, 2018, cosmetics giant Estee Lauder Group released its first fiscal quarter report for FY 2019. As of September 30, three months, thanks to strong demand for high-end skin care products, Estée Lauder Group achieved sales of US$3.52 billion. , an increase of 8% year-on-year; net profit of 500 million US dollars, a year-on-year increase

Among them, the Asia-Pacific market including China achieved sales of 855 million US dollars, a year-on-year increase of 24%. Europe, Middle East and Africa (EMEA) achieved sales of US$1.43 billion, a year-on-year increase of 16%, mainly due to the outstanding performance of emerging markets led by countries in the Middle East and India and the growth of tourism retail.