AMOREPACIFIC (002790) investor relations material

Executive summary

• Revenue rose 14.6% year-over-year to 1.25 trillion KRW, with operating profit up 53.3% to 122.8 billion KRW and net income more than doubling to 104.5 billion KRW.

• H1 2026 revenue was KRW 2,477 billion, up 9.6% year-over-year; operating income reached KRW 261 billion, up 24.7% year-over-year.

• Growth was driven by strong performance in both Korea and overseas markets, especially in the Americas, EMEA, and APAC regions.

• Major brands and hero products across cosmetics and hair & beauty segments, as well as the COSRX acquisition, contributed to sales momentum.

Financial highlights

• Gross profit margin improved to 75.3% from 74.2% year-over-year, supported by revenue growth.

• Operating profit margin expanded to 9.8% from 7.3% year-over-year; H1 2026 operating margin was 10.5%, up from 9.3%.

• Net income margin: 8.3% (up from 4.6% year-over-year); H1 2026 net margin: 9.6%, up from 8.4%.

• Consolidated assets at June 30, 2026: KRW 8,913 billion; equity: KRW 7,364 billion.

• SG&A expenses increased 12.1% to 821.1 billion KRW, with marketing expenses up 37%.

Outlook and guidance

• Continued focus on expanding global presence, strengthening hero product portfolios, and enhancing digital and channel competitiveness.

• Management targets continued double-digit growth in overseas markets, with a focus on digital and premium segments.

• Ongoing investments in marketing, R&D, new product launches, and sustainability initiatives expected to support future growth.