F&F continues growth in the second quarter as well... easing dependence on China remains a challenge

F&F's second-quarter consolidated revenue rose to 399.6 billion won, with operating profit at 86.5 billion won and net profit at 73 billion won.

Improved domestic consumption, more foreign tourists, and stronger sales in Hong Kong and Southeast Asia drove the growth.

First-half results also improved sharply, but rising China sales have increased exposure to a single market.

F&F is pursuing diversification through M&A, including a stake purchase in the operator of Hetras, to expand into beauty and lifestyle businesses.