[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.

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.