Kolmar Korea climbs to record revenue on K-beauty, pharma gains

Cosmetics contract manufacturer Kolmar Korea reported record annual revenue last year, extending its upward trajectory amid booming global demand for Korean beauty products and solid pharmaceutical results. According to the company on Sunday, consolidated revenue rose 11 percent from a year earlier to 2.72 trillion won ($1.87 billion), while operating profit increased 23.6 percent to 240 billion won. Kolmar has sustained steady growth since 2020, when revenue totaled 1.32 trillion won. It surpas

By The Korea Herald