Able C&C, a leading global beauty company spearheaded by CEO Shin Yu-jeong, convened its 26th annual shareholders meeting on the morning of March 31 in the Myeongdong headquarters of Seoul.
The meeting successfully passed six resolutions, including the approval of the 26th fiscal year's financial statements, amendments to the articles of incorporation, appointment of directors, the establishment of the Audit Committee, and approval of the remuneration limit for directors.
In its report, Able C&C projected a consolidated revenue target of 242 billion KRW and an operating profit of 18 billion KRW for 2025, marking a continuation of profitable growth for four consecutive years.
Strategically, the company has restructured its operations by exiting low-margin domestic brick-and-mortar stores and duty-free channels while aggressively trimming fixed costs.
This pivot to an export-focused business model has catalyzed rapid international growth, with the export share increasing from 48% in Q1 2025 to a striking 68% by Q4.
The company’s U. S. revenues alone soared by 137% year-on-year, underscoring its strong foothold in the key export region.
Notably, Able C&C has secured the top position in the BB cream category on Amazon, the largest online platform in the U.
S., and has entered the top 20 in the overall makeup segment alongside local competitors, a testament to its competitive prowess in the global K-beauty landscape.
Able C&C is also committed to enhancing shareholder value through assertive shareholder return policies.
The company intends to distribute a total of 9.8 billion KRW in dividends, comprising one year-end payout and two quarterly distributions by 2025.
Additionally, it has executed a stock repurchase plan amounting to 10 billion KRW since April 2025, and in February of the same year, entered into a trust agreement for an additional 20 billion KRW of shares, bringing the cumulative buyback to 30 billion KRW, which represents approximately 35% of total capital (86.6 billion KRW) and about 18% of total assets (163.8 billion KRW) as of last year.
In her address to shareholders, CEO Shin Yu-jeong emphasized the firm’s commitment to leveraging the operational reforms implemented last year.
"This year will be about delivering tangible results, advancing our reach beyond Japan and the U.
S. to Western and Eastern Europe, the Commonwealth of Independent States (CIS), and South America, all while striving to achieve our target of 75% export revenue," she stated, reaffirming the company's commitment to sustainable growth in the global marketplace.