---
title: "Cosmecca Korea's revenue grew 4x from 2021 to 2026, averaging 32% annual growth, exceeding Cosmax… — 하나증권 유통/화장품 박종대 — DecisionGateway"
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  "og:title": "Cosmecca Korea's revenue grew 4x from 2021 to 2026, averaging 32% annual growth, exceeding Cosmax… — 하나증권 유통/화장품 박종대 — DecisionGateway"
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statement

# **Cosmecca Korea's revenue grew 4x from 2021 to 2026, averaging 32% annual growth, exceeding Cosmax (CAGR 21%) and Korea Kolmar (CAGR 25%).**

A statement by 하나증권 유통/화장품 박종대. Statements are as reported by the cited publishers — not verified by DecisionGateway.

> *코스메카코리아 '21-'26 매출 4배, 연평균 32% 성장, 코스맥스(CAGR '21\~'26년 21%), 한국콜마(CAGR '21\~'26년 25%) 상회*

hanaresearchPublished 2026-11-09 [ Read source](https://t.me/hanaresearch/20924)

## **Discussion**

## **Related claims**

[**Cosmecca 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 · statement](https://dgw.tmarket.io/claims/01a1ceb1-95d3-7cda-bb6a-1e79f52fe08b) [**한국콜마의 3분기 연결 매출과 영업이익은 전년 동기 대비 각각 21%, 40% 증가한 8,282억원, 819억원을 기록했다.**하나증권 · statement](https://dgw.tmarket.io/claims/01a1cea4-e60b-7561-81e5-0f08a2d8302a) [**Both Korea Kolmar and Cosmecca Korea missed third-quarter market operating profit expectations, but for different reasons.**하나증권 유통/화장품 박종대 · statement](https://dgw.tmarket.io/claims/01a1ceb1-95b4-792f-a37d-832a69f78ed9) [**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 · statement](https://dgw.tmarket.io/claims/01a1ceb1-963a-7102-8079-cf9702c3fb8d) [**Korea's 4Q26 and 2027 earnings estimates have been revised upward.**미래에셋증권 전략/퀀트 유명간 · statement](https://dgw.tmarket.io/claims/01a1d855-c4f0-7d81-8244-2c15930ab953) [**Korea's 4Q26 and 2027 earnings estimates have been revised upward, led by energy, chemicals, semiconductors and gaming.**미래에셋증권 전략/퀀트 유명간 · statement](https://dgw.tmarket.io/claims/01a1d851-1406-7758-a103-eee4303fd7fb)

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