SEOUL, August 08 (AJP) - Cosmetics manufacturer Kolmar Korea posted its highest-ever quarterly revenue in the second quarter, fueled by the global proliferation of the K-beauty trend.
The company reported consolidated revenue of 730.8 billion won (approximately $555 million) for the April–June period, a 10.7 percent increase from a year earlier, according to a regulatory filing on Friday.
Operating profit rose 2.4 percent to 73.5 billion won ($55.8 million), with the operating margin standing at 10.1 percent.
For the first half of 2025, cumulative revenue reached 1.38 trillion won ($1.05 billion), up 12.1 percent year-on-year. Operating profit surged 28.1 percent to 133.4 billion won ($101.3 million), underscoring strong momentum in core business areas.
Despite the operational gains, net income fell 7.4 percent to 41.8 billion won ($31.7 million), weighed down by a sharp rise in financial expenses. Interest and other financial costs jumped nearly 149 percent year-over-year, from 9.9 billion won to 24.7 billion won ($7.5 million to $18.8 million).
Sun care products accounted for 33 percent of second-quarter sales, maintaining their dominant share from a year ago. Makeup revenue grew by a robust 45 percent year-over-year, comprising 18 percent of the total, while skin care’s share slipped to 43 percent.
Kolmar noted continued strong performance from major sun care clients, while highlighting a shift in the sales mix toward indie and private-label health and beauty brands, as well as increased demand from global luxury labels.
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