Dalba Global reported its highest-ever operating profit, driven by expanded global sales.

Dalba Global announced in a filing on the 20th that, on a consolidated basis, last year’s operating profit was KRW 101.1 billion, a 68.9% increase from a year earlier on a provisional basis. Over the same period, revenue rose 68.2% to KRW 519.8 billion. Net profit came to KRW 79.0 billion, up 412.9%. Both annual operating profit and revenue reached record highs.

Looking only at the fourth quarter of last year (October–December), growth was even more pronounced. Operating profit for the period was KRW 25.2 billion, up 86.7% year-on-year. Revenue for the same period increased 71.5% to KRW 163.5 billion.

Dalba Global stated, “Growth in online channels overseas is continuing,” adding, “Since December last year, we have entered 150 Costco stores and 1,500 Ulta Beauty stores in the United States, and are now fully launching into the North American offline market.” By region, overseas revenue growth rates were 302% in Europe, 210% in Japan, and 155% in North America, showing balanced growth across all regions.

Dalba Global has set a target of achieving company-wide revenue of KRW 700.0 billion this year. To this end, it plans to foster a third line of hero products, including beauty devices, seven high-functionality “Vita” products, and personal care items. The company also intends to develop emerging markets such as India and the Middle East.

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