Amorepacific Q1 2026 Consolidated Sales Up 6.4%, Operating Profit Up 7.6% – Positive

Q1 2026 consolidated sales: KRW 1,135.8 billion (+6.4% YoY), operating profit: KRW 126.7 billion (+7.6%), net profit attributable to controlling: KRW 108.5 billion.
Segments: Cosmetics 89.5%, Hair & Beauty 10.5%. Channels: Domestic 43%, Overseas 45%, Duty-free/Cross-border 12%.
Financial position: Total assets KRW 7,040.9 billion, liabilities KRW 1,515.6 billion, equity KRW 5,525.3 billion. Cash and equivalents KRW 653.4 billion.
Shareholder return: 2025 year-end dividend of KRW 1,240 per common share (payout ratio 36.3%). Mid-term payout ratio target of 35%. Concurrent share buybacks.
Credit rating A1 (NICE, KIS). R&D expenditure KRW 32.6 billion (2.87% of sales).
Key subsidiary COSRX (90.3% stake) driving overseas sales growth. Strong performance in Americas and EMEA.
Minor fines/penalties exist but no material impact on operations.