Ourhome Achieves Record High Performance Last Year... "Balanced Growth in Catering and Dining"

Operating Profit 94.3 Billion KRW... 76% Increase Year-on-Year

Ourhome achieved its best-ever performance last year as all business sectors, including group catering, dining, and global business, grew evenly.

Ourhome announced on the 19th that its consolidated operating profit last year reached 94.3 billion KRW, a 76% increase compared to the previous year. During the same period, sales rose 8% to 1.9835 trillion KRW. This marks the company's best performance in history, three years after recording its first-ever loss due to management difficulties such as COVID-19.

By sector, the food and beverage division (group catering and dining) recorded sales of approximately 1.1171 trillion KRW, driving the best performance ever. Operating profit in the food and beverage division more than doubled compared to the previous year. The company explained that the 'global business expansion' strategy, which Vice Chairman Gu Ji-eun set as a core task upon taking office, shone brightly. Last year, the global business increased by about 13% compared to the previous year. It continued steady growth globally, including securing the in-house cafeteria contract for Continental, a German automotive parts company based in China, as well as in the United States, Europe, and other regions. Global business sales accounted for 10% of total sales for the first time since the company's founding in 2022.

Ourhome plans to continue expanding its global business this year based on advanced manufacturing, logistics, and purchasing systems. An Ourhome official said, “Thanks to 40 years of accumulated know-how and experience across the entire food industry, from group catering and food material distribution to food and dining businesses, Ourhome has the capability to provide optimal food and beverage services anywhere in the world,” adding, “We will continue this approach.”

Meanwhile, on the 1st, Ourhome confirmed and announced the payment of an 'Innovation Growth Incentive' to employees and began distributing the incentives starting from the headquarters on the 5th, followed by overseas subsidiaries. The incentive payment rate was determined by comprehensively reflecting sales and operating profit achievements by major business sectors and individual performance, with 97% of employees receiving the incentive. The maximum incentive per person is 11.9 million KRW.