[Featured Stock] Cosmax Surpasses 2 Trillion Won in Sales, Up Over 7%

Expectations for Growth in Chinese Sales

The stock price of Cosmax, a global cosmetics original design manufacturer (ODM) company that surpassed annual sales of 2 trillion won, is showing strength.

As of 9:29 AM on the 25th, Cosmax recorded 165,100 won, up 11,400 won (7.42%) compared to the previous trading day.

According to the Financial Supervisory Service's electronic disclosure system on the previous day, Cosmax's consolidated sales last year were 2.1661 trillion won, an increase of 21.9% compared to the previous year. Operating profit grew by 51.6% to 175.4 billion won.

On the same day, Kwon Woo-jung, a researcher at Kyobo Securities, said about Cosmax, "This year, consolidated sales and operating profit are expected to reach 2.5 trillion won and 220 billion won, respectively," adding, "Both domestic indie exports and global direct exports are showing steady trends, and balanced growth will continue across all product categories including foundation, lip products, and essences."

He also said, "We believe China passed the bottom through the fourth-quarter performance last year," and expressed expectations that "growth will continue centered on Korea and Southeast Asia, and China will act as an additional growth driver compared to before."

This content was produced with the assistance of AI translation services.