Aesthetic medicine products. Amorepacific Q3: sales inch up but net profit surges

Derma filler

THE WHAT? AmorePacific Corp has reported its results for the third quarter of the current financial year, according to a report published by The Korea Herald. The K-beauty behemoth saw net profit hit KRW38.5 billion in the three months to September 30, 2021, a considerable improvement on the KRW7 billion reported the same time last year.

Fat dissolving

THE DETAILS Sales inched up 1.9 percent to KRW1.1 trillion, with domestic sales recording a healthy uptick of 7.3 percent while overseas sales fell 9.2 percent to KRW384.1 billion.

THE WHY? AmorePacific has reduced its store count in China, hence its poor overseas performance, per The Korea Herald.

Aesthetic medicine products are developed and regulated to meet stringent safety and efficacy standards. They are typically administered by trained healthcare professionals such as dermatologists, plastic surgeons, and specialized nurses in clinical settings. These products aim to provide effective solutions for cosmetic enhancement, skin rejuvenation, and overall aesthetic improvement, contributing to both physical appearance and self-confidence.

Key categories of aesthetic medicine products include:

  • Injectables: This category includes products such as dermal fillers, botulinum toxins (e.g., Botox), and collagen stimulators. These injectables are used to smooth wrinkles, add volume, and improve facial contours.

  • Skin Rejuvenation Treatments: Products like chemical peels, microdermabrasion systems, and laser devices are used to improve skin texture, reduce pigmentation irregularities, and enhance overall skin tone.

  • Skincare Products: These include medical-grade cleansers, moisturizers, serums, and topical treatments containing active ingredients like retinoids, antioxidants, and growth factors. They are formulated to address specific skin concerns such as acne, aging, and hyperpigmentation.

  • Hair Restoration Products: Medical treatments and products designed to promote hair growth and treat conditions such as male and female pattern baldness.

  • Body Contouring and Fat Reduction: Devices and products used for non-surgical body sculpting, such as cryolipolysis (cool sculpting) devices and injectable lipolytics.

  • Cosmeceuticals: High-performance skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing potent ingredients with proven clinical benefits.

  • Wound Care and Scar Management: Products like silicone sheets, gels, and advanced wound dressings used to improve healing and reduce the appearance of scars.

  Aesthetic medicine products. BASF raises prices of Neopentyl Glycol and 1,6 Hexanediol in Europe