[Special Stock] Orion Shows Strength with Strong Performance Despite COVID-19
[Asia Economy Reporter Geum Bo-ryeong] Despite the novel coronavirus disease (COVID-19), Orion, which showed strong performance last month, is showing strength on the 17th.
As of 1:10 PM on that day, Orion's stock price recorded 108,500 won, up 7.96% (8,000 won) compared to the previous session.
Orion announced on the 13th that its Chinese subsidiary's sales last month increased by 53.2% year-on-year to 50.7 billion won. Operating profit turned positive.
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In the same month, the domestic subsidiary also saw an expanded growth rate due to high food consumption, continued strong sales of new products, and a surge in online sales. In particular, operating profit increased by 33.8% year-on-year to 8.7 billion won.
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