Kolmar Korea's R&D Complex in Seoul (Kolmar Korea) Kolmar Korea posted record revenue and profit for the second straight quarter, crossing 100 billion won ($70.7 million) in operating profit for the first time as demand for skincare and suncare products surged.The company reported Wednesday that consolidated revenue for the April-June period rose 17.9 percent from a year earlier to 861.3 billion won, while operating profit climbed 50.2 percent to 110.3 billion won. Both are record highs.First-half revenue reached nearly 1.6 trillion won, with operating profit totaling around 190 billion won, putting the company on pace to surpass 3 trillion won in annual revenue this year. Net profit over the six-month period rose 100 percent to 130.6 billion won.The Korean unit led the growth, with revenue of 430.4 billion won and operating profit of 70.8 billion won."Orders in skincare and suncare rose on indie brands' global expansion and the suncare peak season," a company official said. "New launches from global clients also continued, helping us post record quarterly results."Overseas, China remained the largest contributor by revenue at 57.9 billion won, while the US and Canadian units posted 17.8 billion won and 9.2 billion won, respectively.Among its subsidiaries, cosmetics packaging maker Yonwoo returned to profitability, posting 7 billion won in operating profit, while biohealth unit HK inno.N saw operating profit climb 53.6 percent to 30 billion won.
Kolmar Korea sets fresh record on indie brand growth
Kolmar Korea posted record revenue and profit for the second straight quarter, crossing 100 billion won ($70.7 million) in operating profit for the first time a







