APR said on the 6th that its third-quarter results this year came in at 385.9 billion won in revenue and 96.1 billion won in operating profit. Compared with a year earlier, revenue rose 122% and operating profit increased 253%. Both revenue and operating profit marked the highest quarterly results on record.
The cosmetics and beauty sector drove the results. The sector posted 272.3 billion won in third-quarter revenue, up 219.8% from a year earlier. At the flagship brand, "Medicube," a range of products, including the bestseller "Zero Pore Pad," took hold in global markets and logged strong sales.
The beauty device sector recorded 103.1 billion won in third-quarter revenue, up 39% from a year earlier. As of the third quarter this year, the Medicube Age-R beauty device surpassed 5 million units in cumulative global sales.
By region, overseas markets including the United States recorded 309.9 billion won in revenue, up 210% from a year earlier. The share of overseas sales in total revenue expanded to 80%.
The United States, which accounted for 39% of total revenue, surpassed 150 billion won in quarterly sales for the first time as a single country, buoyed by the success of Amazon "Prime Day" and expanded sales channels. In addition, in Japan, Medicube topped the beauty category in Q3 at Qoo10's "Mega Wari" promotion. Demand in emerging regions, including Europe, also continued to rise, and revenue from other regions increased about fourfold from a year earlier.
APR plans to maximize sales in the fourth quarter during the year-end peak season spanning shopping events including "Black Friday," Christmas and the New Year.