AmorePacific Q2 2016 Results Show Boost from Overseas

AmorePacific has logged growth in North America and Asia.
AmorePacific has logged growth in North America and Asia.

K-beauty is impacting the global beauty business, but its Korean originators continue to see gains.

Overseas sales pushed AmorePacific's second quarter net profits to 246.7 billion won/$220.1 billion, according to a report from Yonhap News Agency.

This represents a significant leap from the same period last year, which totaled 185.4 billion won.

China remains AmorePacific's largest export market, while domestic sales grew nearly 46%. Overall sales in Asia grew about 50% for the period, while North American sales grew 26%.

 

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