SEOUL, July 30 (AJP) - Amorepacific Group reported sharply higher second-quarter earnings on Thursday as robust growth in North America, Europe and Japan offset weakness in Greater China, underscoring the South Korean cosmetics maker's accelerating shift toward a broader global business footprint.
The company posted consolidated revenue of 1.25 trillion won and operating profit of 122.8 billion won for the April-June period, up 14.6 percent and 53.3 percent, respectively, from a year earlier. It also recorded a double-digit operating margin for a second consecutive quarter.
The earnings were driven by strong overseas demand, with North America, Europe, the Middle East and Africa (EMEA), and Japan delivering broad-based growth across both online and offline channels. Higher profitability from fast-growing brands also helped lift margins.
At its flagship Amorepacific unit, overseas revenue jumped 28 percent from a year earlier, while overseas operating profit nearly doubled, rising 99 percent. The company said North America and EMEA were the biggest growth drivers, supported by an expanding brand portfolio and improving profitability.
In North America, Aestura posted triple-digit sales growth on Amazon and Sephora, led by its Atobarrier 365 Cream, while COSRX continued strong momentum through Amazon and TikTok Shop. Innisfree also reported solid gains on the back of its Green Tea skincare line and sun care products.
Europe also delivered strong results, with COSRX's Ultra Light Invisible Sunscreen topping Amazon's beauty category in Germany and the sunscreen category in the United Kingdom. The company also expanded into additional European markets while strengthening partnerships with Sephora.
Japan remained another bright spot. Laneige extended its growth through new product launches and broader distribution, while COSRX achieved record sales during Qoo10 Japan's Mega Sale campaign. Across Southeast Asia, India and Australia, revenue also increased, although sales in Greater China declined as the company continued restructuring its distribution channels and focusing on higher-quality sales.
Domestically, Amorepacific benefited from continued strength in luxury skincare, derma cosmetics and hair care. Sulwhasoo and Hera maintained leadership in Korea's premium beauty market, while online sales and the company's multi-brand store channel posted double-digit growth.
The company said it would continue investing in key global markets under its "Create New Beauty" strategy, focusing on expanding its international business, strengthening its multi-brand portfolio and accelerating AI-driven business transformation.
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