Draugiem Group’s newest company, Prime Prometics, continues to grow rapidly – in 2022, compared to the previous year, its turnover increased by 125%, exceeding 6.71 million euros.
On the other hand, the company’s profit before taxes grew by 78%, reaching 666 thousand euros.
Prime Prometics is an e-commerce company that sells cosmetic products for women over 50 online. The new name prometics marks the new pro-age trend in the beauty care industry – the company stands for beautiful aging in contrast to the anti-aging trend that has dominated the industry until now, that aging should be delayed. In addition to product distribution, Prime Prometics educates the public, organizes community support and promotes the idea that aging gracefully is a value.
“Last year was the second full year in the company’s history, and we are proud of the results achieved in the current market conditions. The pro-aging cosmetics industry continues to grow, and more and more companies are trying to break into this market segment. However, despite the intensification of competition, Prime Prometics continues to conquer a larger market share, and we are not going to stop at what we have achieved,” comments Kaspars Eglītis, head of Prime Prometics, on the company’s financial results.
2023-06-13 12:17:29
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