AMOREPACIFIC (002790) Q3 2025 earnings summary

Executive summary

• Revenue for the cumulative 3Q 2025 increased 9% year-over-year to KRW 3,367,961 million, with operating income up 84% to KRW 313,240 million and net income attributable to owners of parent at KRW 121,091 million.

• Major subsidiary Amorepacific posted a 10.6% year-over-year sales increase to KRW 3,089,439 million and a 99.5% rise in operating profit to KRW 283,300 million.

• Growth was driven by strong domestic and overseas sales, successful new product launches, and the consolidation of COSRX.

Financial highlights

• Consolidated assets at 3Q 2025 were KRW 8,535,844 million, with equity of KRW 7,150,115 million and liabilities of KRW 1,385,729 million.

• Gross margin for the cumulative period was 35.6%, and operating margin was 9.3%.

• EPS for common shares was KRW 1,329 (basic and diluted).

• Dividends paid in the period totaled KRW 32,032 million.

• Cash and cash equivalents at period end were KRW 528,870 million.

Outlook and guidance

• The group targets continued growth through premium brand expansion, global channel diversification, and sustainability initiatives.

• Ongoing investments in R&D and digital transformation are expected to support long-term competitiveness.

• Expectation of further growth in travel retail and cross-border channels, with ongoing investment in marketing and new product launches.