Clio Reports Operating Profit of 9.6 Billion KRW in Q2..."Highest Sales in First Half"

First Half Sales of 185.6 Billion KRW
Record High Half-Year Sales Surpass Last Year's Second Half

Clio announced surprising earnings for the second quarter of this year.

According to the Financial Supervisory Service's electronic disclosure system on the 8th, Clio's sales amounted to 92.6 billion KRW, a 14% increase compared to the same period last year. Operating profit during this period was 9.6 billion KRW, showing a 47% growth compared to the same period last year.

Sales for the first half of the year reached 185.6 billion KRW, up 19% from the first half of last year, and operating profit increased by 54% to 18.1 billion KRW. This surpassed the highest half-year sales recorded in the second half of last year (174.5 billion KRW).

Clio showed balanced growth both domestically and internationally. Domestic sales for the first half reached 101.5 billion KRW, a 17% increase compared to the same period last year, while overseas sales rose 22% to 84 billion KRW.

By channel, sales in the domestic core distribution channel, Health & Beauty (H&B), increased by 12% during the same period. This was thanks to expanded sales in both color cosmetics and skincare brands. Digital channel sales also grew by 13% year-on-year by focusing on specialized products for each main channel. In home shopping, the base category (Clio Magnet Pact) and lip category (Rouge Heel Lipstick) ranked first, achieving a remarkable 53% sales growth. Subsidiary Clio Lifecare, which operates a health functional food business, also achieved a 51% growth compared to the same period last year by expanding inner beauty products.

In Japan, sales increased by 34% year-on-year through localized marketing and sales efforts. In the second quarter, Clio acquired a key local vendor in Japan and officially established the Japanese corporation ‘Clio Japan’ to streamline its business structure. Through this, the Twinkle Pop brand was launched in approximately 20,000 stores of Seven-Eleven, the leading convenience store in Japan.

In North America, the growth of the basic skincare brand Gudal continued, and the color cosmetics categories of Clio and Peripera attracted attention, recording a 51% growth rate. In China, Peripera Browcara established itself as a key local product, achieving a stable growth rate of 30%. Southeast Asian sales, centered on Vietnam, continued to grow across all countries, achieving a massive 70% growth.

Yoon Sung-hoon, Vice President of Clio, said, “Clio will achieve even greater growth in the second half of the year through various new products and differentiated marketing targeting the MZ generation. We will strive to expand our global market share.”