Korea Credit Rating Service (KCRA) has upgraded Cosmax's unsecured bond rating from BBB+(Stable) to A-(Stable), reflecting the company's enhanced competitiveness in a shifting global K-beauty landscape. This move signals that Cosmax is successfully leveraging the rapid expansion of small and medium-sized independent beauty brands, which have become the primary drivers of demand for ODM manufacturing services.
Source: Read the original report | Published: June 05, 2026