Silicon2 shares rose sharply in morning trading on the 14th after the company reported second-quarter results that far exceeded market expectations, supported by strong K-beauty export growth in Europe and North America and improved profitability. As of 9:42 a.m., the stock was trading at 43,900 won, up 7.60%, according to the Korea Exchange. Second-quarter consolidated revenue reached 402.6 billion won, up 51.8% from a year earlier, while operating profit climbed 59.0% to 83 billion won, restoring the operating margin to 20.6%. European revenue rose 62% to 173.4 billion won and North American revenue increased 79% to 87.3 billion won, helped by wider sales through retailers including Boots, Superdrug, Ulta and Target. Analysts said strong sales growth and efficient control of selling and administrative expenses offset higher logistics costs from rising air freight rates and inventory buildup in Europe. Brokerages responded by lifting their outlooks, with NH Investment & Securities raising its price target to 54,000 won and Samsung Securities lifting its target to 55,000 won while also increasing operating profit forecasts for this year and next. Samsung Securities said earnings growth is likely to continue into the third-quarter peak season, though elevated air freight rates remain a margin risk in the second half.