Korean confectionery maker Orion reports impressive business in Vietnam, China

  • Orion’s products are at a supermarket in Hanoi in January as Vietnamese people prepare for their traditional New Year Festival (Tet). VNA Photo: Phương Anh
    Orion’s products are at a supermarket in Hanoi in January as Vietnamese people prepare for their traditional New Year Festival (Tet). VNA Photo: Phương Anh
  • Orion’s products are at a supermarket in Hanoi in January as Vietnamese people prepare for their traditional New Year Festival (Tet). VNA Photo: Phương Anh
    Orion’s products are at a supermarket in Hanoi in January as Vietnamese people prepare for their traditional New Year Festival (Tet). VNA Photo: Phương Anh

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Korean confectionery maker Orion reports impressive business in Vietnam, China
08/16/2024 11:00 | TTXVN
Korean confectionery maker Orion has announced that its business performance in the first half of 2024 has posted the highest growth rate ever recorded and a record revenue, with particularly impressive results in the Vietnamese and Chinese markets. The company’s subsidiary in Vietnam grossed a revenue of 216.6 billion KRW, marking a 7.7% growth due to increased market share of Choco Pie, rice crackers, and mass-produced bread. Its operating profit reached 34.8 billion KRW, up 16.2% thanks to cost efficiencies, including reduced logistics and advertising expenses. VNA Photo: Phương Anh

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