THE WHAT? The Shilla Group has reported its interim results for the fourth quarter of fiscal 2021. The Korean travel retail and hotel operator saw revenue grow 34 percent yoy to reach KRW1,129.9 billion.
THE DETAILS Operating profit turned to gain, hitting KRW27.1 billion, versus 2020’s KRW283.2 billion loss, as travel retail bounced back from its pandemic lows. Shilla said that downtown revenue rose 35 percent and airport revenue increased 48 percent yoy. Travel retail revenue in 4Q2019 stood at KRW1,410.8 billion, versus the KRW1,007.4 billion in 4Q21.
THE WHY? The Shilla Group’s swing to black comes as the world’s economy gradually recovers from the shock of 2020’s lockdowns.
Aesthetic injectable companies refer to businesses or companies that specialize in manufacturing, distributing, or providing aesthetic injectable products and services. These companies focus on developing and supplying injectable substances used for cosmetic purposes, typically administered by qualified medical professionals. Aesthetic injectable companies play a crucial role in the field of aesthetic medicine and cosmetic dermatology by offering a variety of injectable products designed to enhance facial features, reduce wrinkles, and improve overall skin appearance.
Key aspects of aesthetic injectable companies include:
-
Product Development: These companies research, develop, and manufacture aesthetic injectables such as dermal fillers, botulinum toxins (e.g., Botox), collagen stimulators, and other specialized formulations. They often innovate new products to meet evolving market demands and technological advancements.
-
Distribution and Sales: Aesthetic injectable companies distribute their products through authorized channels, including healthcare providers, medical spas, and aesthetic clinics. They may also sell directly to licensed professionals who administer these treatments.
-
Regulatory Compliance: Due to the medical nature of their products, aesthetic injectable companies adhere to strict regulatory guidelines and obtain necessary approvals from health authorities (e.g., FDA in the United States) to ensure safety, efficacy, and quality standards.
-
Training and Support: Many companies provide training and educational support to healthcare professionals on the proper use, administration techniques, and safety protocols associated with their injectable products. This ensures that practitioners can deliver treatments effectively and safely.
-
Customer Support: Aesthetic injectable companies offer customer support services to healthcare providers and consumers, addressing inquiries, providing product information, and assisting with product usage and troubleshooting.
