In light of the continuing amazing performance coming out of BEAUTY, I thought I may as well as share this 2 week old post from Bloomberg.

The Bangkok-based firm plans to tap China’s $4.3 billion beauty sector for the next leg of expansion, after building a network of more than 300 retail outlets in Thailand and other parts of Southeast Asia. Sales growth will be vital for a stock that Aberdeen Asset Management describes as expensive.

Suwin said he’s targeting a yearly increase of at least 20 percent in both revenue and profit for the foreseeable future. The stock’s valuation of about 42 times blended forward 12-month earnings is the highest in the 22-member Stock Exchange of Thailand Commerce Index, adding pressure to expand sales.

Beauty Community is the ninth biggest company in Thailand’s cosmetics industry, with a 3.1 percent share of a fragmented market, according to Euromonitor. L’Oreal leads, with 12 percent, followed by direct sales company Better Way (Thailand) Co. and Estee Lauder Cos.

The firm aims to have 450 shops domestically in the next three years, under brands such as Beauty Cottage and Beauty Buffet. 

Source: Bloomberg

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