On October 30th, AMOREPACIFIC Group announced the financial results for the third quarter of 2015. AMOREPACIFIC Group reported sales of KRW 1.3466 trillion for the third quarter of 2015, up 11.4% from the same period last year, and operating profit of KRW 188.3 billion, up 8.3% from the same period last year. The group achieved continuous growth both in sales and operating profit, driven by growth of its key cosmetics subsidiaries including AMOREPACIFIC Corporation, in both domestic and overseas markets.

Results of Major Subsidiaries in 3Q 2015
1) AMOREPACIFIC, Sales at KRW 1,141.1 billion (+15%), operating profit at KRW 163.4 billion (+11%)
Despite the temporary slowing of domestic growth due to Middle East Respiratory Syndrome in the third quarter, AMOREPACIFIC continued growth from rapid growth of its oversea businesses. AMOREPACIFIC Corporation continued growth in both domestic and overseas markets on the back of its distinctive brand competitiveness, posting KRW 1,141.1 billion in sales (15% year-on-year increase) and KRW 163.4 billion in operating profit (11% year-on-year increase). The company’s major businesses reported sales results as follows: ① Domestic Cosmetics Business at KRW 679 billion (+2%), ② Domestic Mass Business and Sulloc Business at KRW 149 billion (+9.9%) and ③ Overseas Business at KRW 313.1 billion (+60%).
2) innisfree, sales at KRW136.9 billion (+17%), operating profit at KRW 23.8 billion (+16%)
innisfree achieved solid growth based on strong sales of its best-selling products such as Green Tea Seed Serum, Jeju Volcanic Pore Clay Mask, Orchid Enriched Cream and Cushion as well as well-received new products such as Sparkling Mineral Essence Rich and Jeju Perfume Note. Capitalizing on its distinctive brand power, innisfree continues on a fast growth path across all distribution channels except for the duty-free segment, which endured lackluster growth in the wake of the MERS outbreak. 
3) ETUDE, sales at KRW 56.5 billion (-20%), operating loss at KRW 1 billion (turned to red)
ETUDE reported sales contraction due to a decline in the number of stores. However, ETUDE is gearing up for a renewed push by restructuring distribution channels and its brand strategy, and expanding investments in making the brand more attractive through renewal of store environment as well as key products such as Moistfull Collagen Cream and Precious Mineral BB Cream and creating a better store environment. 
4) eSpoir, sales at KRW 7.1 billion (+7%), operating loss narrowed to KRW 900 million 
eSpoir saw improved profitability thanks to productivity improvement on a same-store basis. 
5) Aestura, sales at KRW 23 billion (+25%) and operating loss widened to KRW 700 million 
Aestura posted robust sales growth driven by solid growth of key medical beauty brands such as Cleviel and Atobarrier. 
6) Amos Professional, sales at KRW 18.2 billion (+26%), operating profit at KRW 4.6 billion (+43%)
Amos Professional delivered solid top-line growth by sharpening its brand competitiveness with a wider range of product offerings. In particular, sales growth continued at a brisk pace driven by its major products in the hair thickening, perm, cleansing and styling segments.


For more information regarding financial results, please visit AMOREPACIFIC Group’s website. We’d like to issue a warm thank you to all Asian Beauty Creators around the world for their efforts that helped realize such growth.