Handsome Q3 Operating Profit Surges 206% on Strong Seasonal Demand
Key Facts
Handsome reported a Q3 operating profit of 7.6 billion won, representing a 206.1% year-on-year increase. Chosunbiz reported that company revenue rose 4.9% to 324.8 billion won, while net profit jumped 323.3% to 7.7 billion won during the same period.
The growth was driven by robust demand for between-season apparel and improved operational efficiency, as the growth rate of selling, general, and administrative expenses was limited to 2.1%. In the broader South Korean economy, Manufacturing PMI reached 51.3 on November 2, 2026, following a reported annual GDP growth rate of 3.4% on October 26, 2026.
The South Korean annual Inflation Rate is scheduled for release on November 2, 2026, with forecasts maintaining a level of 2.9%. Handsome is currently expanding its global footprint through a Japanese distribution agreement starting this month and a System brand pop-up store in London operating through November 2026.