statement
Both Korea Kolmar and Cosmecca Korea missed third-quarter market operating profit expectations, but for different reasons.
A statement by 하나증권 유통/화장품 박종대. Statements are as reported by the cited publishers — not verified by DecisionGateway.
한국콜마/코스메카코리아 모두 3분기 영업이익 시장 기대치 하회했으나 원인은 다름
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Korea Kolmar's operating profit miss was due to weak revenue, increased fixed cost burden, and QoQ profitability decline; top 10 customers accounted for 58% of third-quarter revenue (YoY +3%p), concentrating on production for key clients.하나증권 유통/화장품 박종대 · statement한국콜마의 3분기 영업이익 819억원은 시장 기대치(OP 916억원)를 하회했다.하나증권 · statement한국콜마의 3분기 연결 매출과 영업이익은 전년 동기 대비 각각 21%, 40% 증가한 8,282억원, 819억원을 기록했다.하나증권 · statementCosmecca Korea's revenue grew excessively; despite profitability decline, it focused on meeting customer delivery deadlines, and domestic revenue exceeded 200 billion won for the first time while OPM fell to the 11% range, showing willingness to expand business scale despite short-term profitability damage.하나증권 유통/화장품 박종대 · statementCosmecca Korea's revenue grew 4x from 2021 to 2026, averaging 32% annual growth, exceeding Cosmax (CAGR 21%) and Korea Kolmar (CAGR 25%).하나증권 유통/화장품 박종대 · statementKT's third-quarter results were weak due to reduced device margins and increased overall business expenses, but the related negatives are already reflected in the share price; at the current 50,000 won level, active buying is warranted.analyst report · statement