Seoul: Amorepacific on Wednesday reported its first-quarter net profit of 113 billion won (US$76.6 million), marking a 5 percent decrease from the same period last year. This information was disclosed in the company's regulatory filing.

According to Yonhap News Agency, despite the decline in net income, Amorepacific's operating profit for the January-March period rose by 7.6 percent year-on-year to 126.7 billion won. Additionally, the company's revenue saw an increase of 6.4 percent, reaching 1.13 trillion won.

The earnings surpassed market expectations, as the average net profit estimate by analysts was 97.1 billion won, based on a survey conducted by Yonhap Infomax, the financial data firm of Yonhap News Agency.