[Special Stock] Orion Rises on Record-Breaking Performance Last Year... New High

Orion is showing strength thanks to last year's strong performance. It recorded a 52-week high during the trading session.

As of 9:21 a.m. on the 12th, Orion is trading at 107,900 KRW, up 3,000 KRW (2.86%) from the previous day. During the session, it rose to 108,100 KRW, setting a new 52-week high.

Last year's record-breaking performance is interpreted as the driving force behind the stock price increase. The day before, Orion announced that its consolidated operating profit for last year was preliminarily estimated at 543.6 billion KRW, a 10.4% increase compared to the previous year. This is the first time in the company's history that Orion's operating profit has surpassed 500 billion KRW.

Researcher Kwon Woo-jung from Kyobo Securities said, "Orion's annual performance this year is estimated to be 3.3 trillion KRW in sales, an 8% increase from the previous year, and 600 billion KRW in operating profit, a 10% increase. Although domestic growth contribution will be minimal this year, expectations for recovery in overseas sales growth remain valid. In China, sales will be strengthened focusing on new products, and in Russia and Vietnam, sales growth will be pursued through capacity expansion."