Dalba Global fell for a second straight session on Aug. 15 after posting record second-quarter earnings that still failed to satisfy investors whose expectations had risen ahead of the release. The shares closed at 228,500 won, down 7,500 won, or 3.18%, according to the Korea Exchange (KRX), after tumbling 9.9% the previous day. The company reported consolidated second-quarter revenue of 186.9 billion won, up 45.6% from a year earlier, and operating profit of 47.2 billion won, up 61.6%, with an operating margin of 25.3%. Although operating profit topped the market consensus of 41.2 billion won to 41.3 billion won by about 15%, analysts said actual expectations had climbed above 50 billion won after investors factored in earlier recognition of U.S. Amazon Prime Day sales in the second quarter. Sentiment was also hurt by third-quarter guidance for 170 billion won in revenue and a 17% operating margin, both below second-quarter levels. Analysts linked that outlook to seasonal softness in mist product demand and supply issues involving sunscreen containers, while some also pointed to slowing sales in Korea, Russia and Japan. Even so, brokerages said the company’s medium- to long-term growth story remains intact as overseas expansion gathers pace. Overseas revenue rose 74% to 141.5 billion won, making up 76% of total sales, with North America up about 174% to 34.8 billion won and Europe up roughly 240% to 20.5 billion won. Analysts also highlighted B2B (business-to-business) sales as a margin support factor, and major houses maintained buy ratings and target prices ranging from 275,000 won to 310,000 won.