Kolmar Korea surged in morning trade after posting its highest quarterly earnings on record, with second-quarter operating profit exceeding 100 billion won for the first time and comfortably beating market expectations. The stock was trading at 132,000 won at 10:40 a.m. on the 12th, up 22.34% from the previous session, after opening at 114,100 won and rising as high as 139,300 won, according to the Korea Exchange. On a consolidated basis, second-quarter operating profit rose 50.2% from a year earlier to 110.3 billion won ($80 million), 16.2% above the 94.9 billion won consensus compiled by FnGuide. Revenue increased 17.9% to a record 861.3 billion won ($629 million), while net profit climbed 68.9% to 70.6 billion won. For the first half, operating profit reached 189.2 billion won, up 41.8%, revenue rose 14.8% to 1.59 trillion won ($1.16 billion), and net profit jumped 100.9% to 130.6 billion won. The company said earnings were supported by overseas growth led by indie brands and stronger orders for skincare and sunscreen products during the peak sunscreen season.