Amorepacific Holdings said on the 6th that third-quarter results came in at 1.1082 trillion won in revenue and 104.3 billion won in operating profit. Revenue rose 3.8% and operating profit 39% from a year earlier.
On the back of the global expansion of key brands such as Laneige, AESTURA, Sulwhasoo, and Ryo and improved operating efficiency, core affiliate Amorepacific led groupwide revenue growth and profitability improvement.
Core affiliate Amorepacific posted revenue of 1.0169 trillion won, up 4% from a year earlier, and operating profit of 91.9 billion won, up 41%.
In Korea, revenue rose 4% and operating profit 24% from a year earlier. Sales expanded sharply not only across major domestic channels such as online, MBS (multi-brand shop), and department stores, but also in duty-free and cross-border channels (a business model in which the domestic headquarters directly collaborates with overseas distributors and retailers to enter local markets).
The Sulwhasoo brand increased sales across all online and offline channels. Hera and the AP Beauty brand enhanced brand competitiveness through new product launches and strengthened customer communication. Laneige and AESTURA continued high growth centered on e-commerce channels, while Mamonde accelerated overseas expansion through cross-border channels. Hair and beauty brands such as Mise-en-scène and LABO-H also achieved double-digit revenue growth through new product launches and expanded sales across all online and offline channels.
Overseas business revenue rose 3% and operating profit 73% from a year earlier. Growth was notable for the Laneige brand centered on lip and skincare categories, the AESTURA brand accelerating its entry into the global derma market, and the Ryo brand with strengthened functional hair care products.
In the Americas, Laneige's high growth continued, while the spread of new brands such as AESTURA and HANYUL gathered pace. COSRX expanded virality around new growth-driver products, increasing sales on TikTok Shop.
In the EMEA (Europe and Middle East) market, the portfolio was diversified through the growth of Laneige and Innisfree and the launch of new brands such as AESTURA. In Greater China, the business returned to profit through structural and fundamental improvements, and hair category sales, including the Ryo brand, also saw high growth. In other Asia markets (Japan, APAC, etc.), brand-specific marketing activities and customer touchpoints were expanded.
Marking its 80th anniversary this year, the Amorepacific group set "Create New Beauty" as its mid- to long-term vision slogan. An Amorepacific official said, "We plan to continue our leap to become a leading global beauty & wellness company by advancing the business portfolio, accelerating global growth, and driving AI-based management innovation, with goals of entering the global 'top 3' in the premium skincare category and achieving 70% of revenue from overseas."