Able C&C Expected Improvement in Quarterly Performance Due to International Growth 2·4
Hana Securities estimated Able C&C's consolidated revenue for the 2·4 quarter at 653 billion won and operating profit at 95 billion won. It is expected that the export proportion will expand to 72% as sales in the U.S. and Europe grow rapidly.
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Hana Securities announced on 7 month 14 day that it estimates Able C&C's consolidated revenue for the 2·4 quarter to be 653 billion won and operating profit to be 95 billion won. This figure indicates that growth in overseas business is leading to performance improvement, serving as a reference for investment decisions.
The report forecasts that Able C&C's operating profit is expected to increase by 32% compared to the same period last year. Specific figures were presented as evidence of the company's improving profitability.
Sales in the U.S. are estimated to have increased by 150% compared to the previous year, driving the growth, while European sales are also estimated to have increased by 48%. The report emphasized the effects of expanding overseas channels.
The export proportion is expected to expand to 72%. Furthermore, it reported that sales during Amazon Prime Day in the U.S. increased by 35% compared to the previous year.
The report mentioned that following the renewal of BB cream, sales in the TikTok Shop have recovered, and it has expanded into offline channels such as Costco and Ulta Beauty. It stated that despite restructuring in domestic channels, overseas growth continues.
However, the report did not provide investment opinions or target prices. The company's future disclosures and additional materials remain points to observe.
Sources: 파이낸셜뉴스 증권
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.