- Amorepacific’s operating profit for the second quarter was 73.66 billion won, significantly up from 4.15 billion won from the same period last year.
- The operating profit exceeded analysts’ estimate of 71.15 billion won.
- The company’s net profit was 35.78 billion won, which is a sharp decline of 93% compared to the previous year.
- Analysts had projected a net profit of 63.63 billion won.
- Total sales reached 1.01 trillion won, reflecting an 11% increase from the same quarter last year and matching market expectations.
- Despite the positive sales and operating profit, Amorepacific shares decreased by 3.5%, closing at 0.13 million won with 171,017 shares traded.
- Market sentiment is mixed with 24 buy recommendations, 4 holds, and 1 sell for the company’s stock.
A look at Amorepacific Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Amorepacific Corporation, a company that develops, manufactures, and exports skincare, makeup, and fragrance products, has received high scores in growth and momentum according to Smartkarma Smart Scores. With a growth score of 5 and a momentum score of 5, Amorepacific shows strong potential for long-term expansion and positive market performance. This indicates that the company is excelling in growing its business and maintaining positive stock price momentum, which bodes well for its future prospects.
Furthermore, Amorepacific Corporation also scores well in resilience and value, with scores of 4 and 3 respectively. This suggests that the company has demonstrated strength in weathering economic challenges and maintaining its value proposition. While its dividend score is on the lower side at 2, the overall high scores in growth, momentum, resilience, and value position Amorepacific favorably for long-term success in the competitive beauty and personal care industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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