Japan's Shiseido Says Annual Profit Plunges 73% Amid Sluggish Sales in China

TOKYO (Reuters) -Japanese cosmetics giant Shiseido said on Monday its full-year profit fell 73% amid sluggish sales in China. Shiseido 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. A retailer of …

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