Amorepacific Holdings Corp. · KRX:002790
Amorepacific — Q2 2022 Earnings Presentation
20 slides from Amorepacific's earnings presentation, Jul 28, 2022
Slide 1: Amore Pacific Group 2Q 2022 Earnings Release
AMORE PACIFIC GROUP 2Q 2022 Earnings Release 2022. 7.28
Slide 2: Contents and Forward-Looking Statements
CO N T E N TS 1. 1H 2022 Earnings Summary 2. 2Q 2022 Earnings Summary 3. Earnings by Subsidiary # Amorepacific # Major Subsidiaries 4. A MORE NEWS 5. ESG Activities AMORE PACIFIC 6. Financial Summary FORWARD-LOOKING STATEMENTS Asa note, itis suggested to use this material only as a reference, as it
Slide 3: Amorepacific Group 1H 2022 Earnings Summary
AMORE PACIFIC Amorepacific Group 1H 2022 Earnings Summary Revenue down 14.9% to KRW 2.3 trillion, Operating profit down 46.9% to KRW 160.3 billion MajorsubsidiaryAmorepacific’srevenue down 13.1% to KRW 2.1 trillion, operating profit down 48.2% to KRW 138.5 billion (Unit: KRW bn) Revenue 2,690.9 2,28
Slide 4: Group 2Q 2022 Earnings Summary
Amorepacific Group 2Q 2022 Earnings Summary AMORE PACIFIC Revenue down 21.3% to KRW 1.0 trillion, Operating profit KRW-10.9 billion Majorsubsidiary Amorepacific’srevenue down 19.6% to KRW 0.9 trillion, operating profit KRW-19.5 billion Revenue Amorepacific) Beauty Subsidiaries 2) Others?) Operating
Slide 5: Earnings by Subsidiary: Amorepacific
AMORE PACIFIC GROUP 2Q2022 Earnings Release Earnings by Subsidiary Amorepacific
Slide 6: Amorepacific 1H 2022 Earnings Summary
Amorepacific 1H 2022 Earnings Summary ayonepaciric Revenue down 13.1% to KRW 2.1 trillion, Operating profit down 48.2% to KRW 138.5 billion Domesticrevenuedown 12.5%, operating profitdown 28.3%. Overseas revenuedown 19.7%, operating profit KRW -0.4 billion (Unit: KRW bn) 2021 1H % of Revenue % of Re
Slide 7: Amorepacific 2Q 2022 Earnings Summary
Amorepacific 2Q 2022 Earnings Summary AMORE PACIFIC Revenue down 19.6% to KRW 0.9 trillion, Operating profit KRW -19.5 billion Domesticrevenuedown 15.4%, operating profitdown 55.3%. Overseas revenuedown 33.2%, operating profit KRW -42.5 billion Revenue!) Domestic Cosmetics Daily Beauty Overseas Oper
Slide 8: Domestic Business
Amorepacific Domestic Business Revenue decreased 15% * Travel retail revenue declined by double digit (22% of total revenue) * Online sales grew by approximately 10% as a result of stronger sales from third-party platform and AMORE MALL AMORE PACIFIC Operating profit decreased 55% * Cosmetics operat
Slide 9: Domestic Business: Luxury
Amorepacific Domestic Business AMOREPACIEI GROUP LUXURY 396.4 13% 343.3 + Luxury accounts for 55% of total domestic revenue - Sulwhasoo 34% ng Brightening’ line 20212Q 2022 2Q (Unit: KRWbn) + Travel retail sales declined due to resurgence of COVID-19 within China + All luxury brands posted online sa
Slide 10: Domestic Business: Premium
Amorepacific Domestic Business AMOREPACIEI PREMIUM 196.4 -21% 155.4 + Premium accounts for 25% of total domestic revenue - Laneige 16% — , 2021 2Q 202220 Unt Kwon Laneige personalizedser ream MD + Despite decline in travel retail channel revenue, multi-brand shop channel revenue grew due to Laneige
Slide 11: 1,600 1,400 1,200 1,000 • - ‘ - - - - ‘
1,600 1,400 1,200 1,000 • 800 600 400 200 - ‘ - - - - ‘ 8
Slide 12: Overseas Business
Amorepacific Overseas Business Revenue decreased 33% + Asia revenue declined by 39% (China sales accounts for more than 50% of Asia sales) * North America sales grew by 66% with solid sales from major brands mainly in growth channels + Europe revenue posted 15% growth driven by strong sales of Lanei
Slide 13: Overseas Business: Asia
Amorepacific Overseas Business AMOREPACIFIC ASIA * China revenue decreased by more than 50% - Both offline and online sales declined due to lockdown restrictions on production facility, distribution centers and offline stores in major cities resulting from ‘Zero-COVID’ policy - Sales mix of ‘Concent
Slide 14: Earnings by Subsidiary: Major Subsidiaries
AMORE PACIFIC GROUP 2Q 2022 Earnings Release i; res 3 a Earnings by Subsidiary [ E Major Subsidiaries ~
Slide 15: Major Subsidiaries Earnings
Major Subsidiaries Earnings Revenue Innisfree Etude Espoir Amos Professional Osulloc Operating profit Innisfree Etude Espoir Amos Professional Osulloc (Unit: KRWbn) 2021 2Q 2022 2Q YoY(%) innisfree 87.9 -18.1 26.2 43.2 11.5 +16.3 cata 163 +48 ETUDE 143 +24.6 tunixweg espoir 2021 2Q 2022 2Q YoY(%) 5.
Slide 16: New Product Launches and Marketing Activities
New Product Launches and Marketing Activities AMOREPACIFC Green Tea Seed Serum, Innisfree X PLEATS Sunjung Director's Mineral Filter Sun Cream SPF50+ PA++++ #InstantHealthySkinGlowBooster with MAMA Nano bag Sunjung Directo 's oisture Sun Cream SPF50+ PA++++ Wonyoung : eu SOON JUNG ) SOONJUNG: a Dire
Slide 17: New Product Launches and Marketing Activities
New Product Launches and Marketing Activities aiiteasigeyny Balance Pencil Espoir Launched ‘The Brow’ line, a joint production with beauty influencer ‘Minsco’ to strengthen eyebrow makeup category AMORE PACIFIC Osulloc Tea Class Luminator ; Multi Controller amos LUMINATOR. MULT! CONTROLLER MC = Pro
Slide 18: A MORE NEWS
A MORE NEWS AMORE PACIFIC Amorepacific hosts ‘Amore Omni Shopping Festival’ ‘Amore Omni Shopping Festival’ is thefirst omni channel shopping festival in collaborationwith Amore mall, Amore Seungsuand Amore Store Gwanggyo. In order toimproveomnichannelshoppingand brand experience, various events were
Slide 19: ESG Activities
ESG Activities AMORE PACIFIC Amorepacific hosts ‘Makeup Your Life’ campaign at the Seoul Medical center Amorepacificand the Korea Breast Cancer Foundation hosted makeup classes with professional makeup artists to encourage medical team and staff members at the infectious disease unit who have been s
Slide 20: Group Financial Summary
Amorepacific Group Financial Summary anioneeaciic Income Statement Statement of Financial Position (Unit: KRW bn, %) (Unit: KRW bn, %) 20212 2022 2 @ q 2021.12 6 Amount %of Sales S@NuCel i aa mis A 1 7,767. Revenue 1,303.4 100.0} 1,026.4 100.0 ssets 8.038 poles Current Assets 3,015.5 2,795.8 Cost of