Domestic Demand Drives and Overseas Markets Boost Amorepacific Group's Q2 Operating Profit Up 53.3%
1. Sales reach 1.2543 trillion won; operating profit hits 122.8 billion won
2. Domestic online and overseas markets grow together
Amorepacific Group achieved a 53% growth in operating profit in the second quarter of this year.
On July 30, Amorepacific Group announced that its consolidated operating profit for the second quarter reached 122.8 billion won, a 53.3% increase year-on-year. During the same period, sales grew by 14.6% to 1.2543 trillion won.
The group’s overall performance was driven by its core subsidiary, Amorepacific, which reported a 17% increase in sales and a 59% increase in operating profit compared to the previous year.
Domestic operations posted sales of 610.8 billion won and operating profit of 59.6 billion won, representing increases of 10% and 48% respectively. Both online and offline channels saw balanced growth, with the online channel achieving double-digit growth thanks to major platform promotions and successes from Amoremall promotions. The MBS channel also recorded double-digit growth, boosted by strong sales from leading brands such as Aestura and Illiyoon, as well as growth brands like Hanyul, Mamonde, and Primera. Department store channels maintained an upward trend due to the increased influx of tourists. The cross-border business also continued its growth, underpinned by the entry into new markets such as Amazon Europe and robust sales of major seasonal promotions.
Overseas operations recorded sales of 551.6 billion won and operating profit of 71.8 billion won, marking increases of 28% and 99% respectively. Growth was led by strong results in the Americas and EMEA markets, with Japan and the APAC region also demonstrating solid growth across both online and offline channels. A significant improvement in profitability and sales from high-growth brands also contributed to the sharp rise in operating profit.
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Sales and operating profit at beauty brand subsidiaries such as Innisfree, Etude, Espoir, and Amos Professional declined due to the impact of distribution channel streamlining. In particular, Osulloc continued to maintain steady growth, supported by the strong performance of gift set sales through online channels and increased revenue from the Jeju Tea Museum’s matcha station and matcha noodle bar.
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