F&F(383220) said in a filing on the 31st that its preliminary second-quarter results came to 399.6 billion won in revenue and 86.5 billion won in operating profit. Compared with a year earlier, revenue rose 5.5% and operating profit increased 2.9%.
The company said second-quarter results improved on the back of a recovery in domestic consumption and growth in overseas business. In Korea, aided by improving fashion consumer sentiment and an increase in inbound foreign tourists, revenue growth continued led by MLB.
In the China market, while revenue growth was somewhat limited as the company flexibly adjusted shipment timing and volume in line with local consumer sales trends, consumer sales maintained a solid pace at the previous year's level. Overseas markets such as Hong Kong and Southeast Asia also posted steady growth, supporting stable results across domestic and overseas operations.
F&F plans to continue strengthening its growth base at home and abroad in the second half by enhancing product competitiveness and expanding retail operations in new overseas markets.