APR Q3 2026 slides: record revenue hit amid FX margin pressure

On October 30, 2026, APR Corporation revealed its third quarter 2026 financial results, reporting record revenue of KRW 773 billion, a 100.3% year-over-year increase. Despite the strong growth, profitability fell short of expectations due to significant foreign exchange headwinds, leading to a 7.61% decline in the company's stock price.

The cosmetics division, a key driver of growth, surged 151% year-over-year, accounting for 88.3% of total revenue. However, the strengthening Korean won and rising operational costs compressed operating margin by 3.6 percentage points. The company's international presence expanded, with overseas revenue growing 135% year-over-year to KRW 722.9 billion, and North America and Europe now comprising 69% of total revenue.

Despite a decline in domestic Korean revenue to 6% of total sales, APR's strategic focus on global expansion and retail penetration in Western markets position the company for continued growth in the coming quarters.