Dongwon F&B, Q2 Operating Profit 22.4 Billion KRW... Up 7.26% YoY

[Asia Economy Reporter Eunmo Koo] Dongwon F&B announced on the 5th that its consolidated operating profit for the second quarter of this year increased by 7.26% compared to the same period last year, reaching 22.419 billion KRW.

During the same period, sales increased by 19.04% to 964.219 billion KRW, while net profit for the period decreased by 3.89% compared to the previous year, totaling 14.646 billion KRW.

A Dongwon F&B representative explained, "As the dining-out market has recently recovered, the food ingredient sector grew through securing B2B clients such as large-scale catering and restaurants," adding, "In particular, the meat division made a significant contribution due to increased restaurant demand."