KB Securities has issued a report on Orion, noting a 16.2% YoY increase in consolidated sales to KRW 224.9 billion and a 35.7% YoY rise in operating profit to KRW 32.7 billion. The report highlighted growth in Korea due to proactive shipments and major item promotions, favorable snack bar shipments in China, and stable sales in Vietnam. However, it noted a slowdown in sales in Russia due to reduced promotions and highlighted the need for growth in channels or new products to offset the diminishing effects of the Chinese Lunar New Year and Vietnam’s Tet season in 2025.
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Auto-posted at: 2025-03-19 09:03:22