Orion Breaks Record with Over 500 Billion Won in Operating Profit
Creatrip Team
a year ago
Orion, a major South Korean confectionery company, achieved a record-breaking operating profit of over 500 billion won (approximately $423 million) in 2024, marking the highest in its history since its founding in 1956. This success was driven by strong overseas performance in markets such as China, Vietnam, and Russia, despite challenging economic conditions. The company plans to further expand its presence in global markets, including the United States, Europe, and Australia, and has begun constructing a new integrated center in Jincheon, South Korea, to support these efforts. Additionally, Orion's acquisition of Regachem Bioscience last year showed promising results with significant technology export contracts. The company aims to continue developing high-value products and expanding its market leadership through strategic investments.
