Orion Reports Q1 Operating Profit of 99.1 Billion KRW, Down 8.7% YoY
Orion announced on the 15th that its consolidated operating profit for the first quarter of this year was 99.1 billion KRW, a decrease of 8.7% compared to the same period last year.
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During the same period, sales increased by 1.6% year-on-year to 663.8 billion KRW. An Orion representative explained, "While we focused on expanding market share and sales grew, operating profit declined due to increased cost burdens."
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