Recent South Korean corporate disclosures showed the K-beauty boom benefiting both contract manufacturers and top executives. In the second quarter, Cosmax, Kolmar Korea and Cosmecca Korea each posted record revenue and operating profit, with Kolmar Korea's operating profit rising 50.2% to 110.3 billion won and its shares jumping 22.80% after the results. Separately, first-half pay data showed Kolmar Holdings Vice Chairman Yoon Sang-hyun received 5.332 billion won, the highest among the cosmetics executives covered, while Dalba Global CEO Ban Seong-yeon took a 3.046 billion won management bonus entirely in company stock. The figures pointed to stronger momentum at OEM and ODM manufacturers and newer brands than at some legacy leaders, even as the sector still faces pricing pressure, higher costs, stricter U.S. and European regulation, and stronger Chinese competition.