{
  "id": 17058751,
  "title": "Amorepacific Q3 net falls 14.3 percent on non-operating costs",
  "url": "https://urgent.news/2026/10/29/amorepacific-q3-net-falls-14-3-percent-on-non-operating-costs-17058751",
  "topic": "world",
  "section": "World",
  "published": "2026-10-29T12:27:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20261029/amorepacific-q3-net-falls-143-percent-on-non-operating-costs"
  },
  "original_language": "en",
  "account": "Amorepacific Corp., South Korea's largest cosmetics company, reported a 14.3% drop in net profit for the third quarter of 2021 compared to the same period in 2020. The decline in net profit, amounting to 58.5 billion won ($43.8 million), was primarily due to non-operating costs. Despite the decrease, operating profit rose by 25.4% to 115.2 billion won ($86.5 million), while sales grew by 11.1% to 1.12 trillion won ($840.8 million). The company cited strong growth in key overseas markets, such as the United States, Japan, and India, as a major factor in its performance. The popularity of K-beauty products, particularly brands like Aestura and Innisfree, continued to be strong in these markets. In Korea, the company reported robust sales of major brands, including Hera and Sulwhasoo, as well as a double-digit increase in e-commerce, multi-brand retail sales through CJ Olive Young, and duty-free channels.",
  "summary": "Amorepacific Corp., Korea's leading cosmetics company, said Thursday its third-quarter net profit fell 14.3 percent from a year earlier, weighed down by non-operating costs. Net profit for the three months ended September fell to 58.5 billion won ($43.8 million) from 68.2 billion won in the same period last year, the company said in a press release. The company did not immediately provide details…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(LEAD) Amorepacific Q3 net falls 14.3 pct on non-operating costs",
        "url": "https://urgent.news/2026/10/29/lead-amorepacific-q3-net-falls-14-3-pct-on-non-operating-costs",
        "published": "2026-10-29T09:29:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}