APR and AmorePacific reported record Q3 results, highlighting K-beauty’s resilience despite global economic headwinds and U.S. tariff issues. APR posted Q3 revenue of KRW 385.9 billion and operating profit of KRW 96.1 billion, up 122% and 253% year-on-year, driven by skincare hits like Medicube’s Zero Pore Pads and PDRN line and booming beauty device sales. Overseas sales grew 210% and now make up 80% of APR’s revenue, with U.S. sales jumping 280% aided by Amazon Prime Day and entry into ULTA Beauty (a major U.S. beauty retailer). APR is close to joining the KRW 1 trillion annual revenue club. AmorePacific recorded Q3 revenue of KRW 1,108.2 billion and operating profit of KRW 104.3 billion; while sales rose modestly, operating profit grew 39% as the company improved profitability through a premium-focused portfolio. Major brands like Laneige, Sulwhasoo, and others grew across North America, EMEA, and Greater China—Laneige expanded via TikTok Shop and Sephora. Both companies expect stronger holiday-season demand in Q4 (Black Friday, Christmas) and plan continued global expansion and product innovation, with AmorePacific aiming for top-3 global premium skincare and 70% overseas revenue share. (ULTA: a U.S. beauty retailer)
