C&C International Posts Slight Q3 Sales Gain Led by U.S. and China Growth
Creatrip Team
4 months ago
C&C International, a cosmetics ODM (original design manufacturer) firm, reported Q3 consolidated sales of 75.4 billion KRW and operating profit of 6.9 billion KRW. Sales rose 1.7% year‑on‑year while operating profit fell 2.8%. Overseas sales grew 16.2% to 38.8 billion KRW and surpassed domestic sales for the first time in company history, reflecting structural improvement rather than short‑term recovery. Sales in the Americas and Europe reached 31.1 billion KRW (up 17.8%), with U.S. sales up 22.3% and China subsidiary sales jumping 102.3% to 4.0 billion KRW. By product, lip products drove revenue at 52.6 billion KRW (69.7% of sales, +6.6%), base products grew 30.2% to 12.6 billion KRW, eye makeup declined 34.7% to 9.4 billion KRW, and other items including skincare rose 9.3% to 0.8 billion KRW. The company says 2025 will be the “first year of skincare portfolio expansion” and plans to step up collaboration with global clients, scale up supply to mass brands and begin mass production of new formulations in Q4 to sustain the recovery. (ODM: original design manufacturer)
