[Click eStock] "Clio, Growth Through Expansion of Overseas Market Share"

Hana Securities analyzed on the 9th that Clio is actively expanding into overseas markets.

Clio recorded consolidated sales of 92.6 billion KRW and operating profit of 9.6 billion KRW in the second quarter. These figures represent increases of 14% and 47%, respectively, compared to the same period last year.

Park Eun-jung, a researcher at Hana Securities, explained, "They are expanding their overseas market share in the US, Japan, and Southeast Asia," adding, "excluding duty-free stores last year, overseas sales grew by 37%, followed by a 24% increase in the second quarter of this year."

She continued, "Sales growth rates by region increased by 49% and 53% in the US and Japan, respectively," noting, "Twinklepop newly entered Japan's Seven-Eleven, contributing initial shipment sales." She added, "They are expanding Goodal's market share in North America," emphasizing, "Sales that were concentrated on serums are now expanding to representative products such as creams and eye patches."

Researcher Park stated, "Clio is focusing on increasing its overseas market share this year," and analyzed, "In the third quarter, Clio's quarterly sales will surpass 100 billion KRW due to new product launches overseas, offline entry into North America, and expansion of Goodal in the Southeast Asian region."