1. Amorepacific’s 2026 Forecast: Targeting 44 Trillion Won in Sales

Amorepacific has set its sights on achieving 44 trillion won in sales for the 2026 fiscal year. Considering the positive momentum observed in the first half of 2025, this target appears achievable.

2. Positive Growth Trajectory Confirmed in H1 2025

In the first half of 2025, Amorepacific recorded consolidated revenue of 20.725 trillion won (a 14.1% increase year-on-year) and operating profit of 1.914 trillion won (a 149.1% increase year-on-year). The growth of its overseas business (26.6% increase year-on-year) is particularly noteworthy.

2.1 Analyzing the Growth Drivers

  • Cosrx Acquisition: Strengthening the global brand portfolio and creating synergy.
  • Overseas Market Expansion: Strong growth in emerging markets such as the Americas and EMEA.
  • R&D Investment: Securing future growth engines like functional cosmetics and derma cosmetics.

2.2 Potential Risk Factors

  • China Market Uncertainty: Intensifying competition and potential regulatory changes.
  • Exchange Rate Volatility: Impact of fluctuations in the KRW/USD and KRW/EUR exchange rates on profitability.
  • Raw Material Price Fluctuations: Potential cost burden.

3. Action Plan for Investors

Amorepacific’s growth potential remains high. However, before making investment decisions, consider the following:

  • Monitor Overseas Market Growth: Observe the sustainability of performance in the Americas and EMEA markets.
  • Analyze China Market Strategy: Review the company’s China market strategy and risk management measures.
  • Review Financial Indicators: Check financial soundness, including revenue growth, profitability, and cash flow.