Amorepacific Q3 Net Profit Declines by 14.3% Due to Non-Operating Costs

Amorepacific Corp., a leading cosmetics company in South Korea, announced a significant decline in its third-quarter net profit, which fell by 14.3% compared to the previous year. The company reported a net profit of 58.5 billion won (approximately $43.8 million), down from 68.2 billion won in Q3 2025.

The decline in net profit was primarily due to increased non-operating costs, although the company did not provide specific details regarding these expenses. Despite the drop in net profit, Amorepacific saw a 25.4% increase in operating profit, which rose to 115.2 billion won from 91.89 billion won, and an 11.1% increase in sales, totaling 1.12 trillion won.

The company attributed its overall performance to strong growth in key international markets, including the United States, Japan, and India. Brands like Aestura and Innisfree have maintained robust demand overseas, benefiting from the ongoing global popularity of K-beauty products.

In South Korea, sales of major brands such as Hera and Sulwhasoo, along with significant growth in e-commerce and duty-free channels, contributed positively to the quarterly results. Additionally, shareholding gains from the acquisition of COSRX in 2023 also played a role in bolstering earnings.

Looking ahead, Amorepacific is pursuing a long-term growth strategy aimed at tripling its annual sales to 15 trillion won by 2035. The strategy focuses on expanding its presence in five key markets and enhancing its beauty solutions business while incorporating artificial intelligence into its operations.