Orion Corp’s China Sales Slump Amid Lunar New Year…
From Financial Modeling Prep: 2025-02-26 01:50:06
Orion Corp (KS:271560) saw weaker sales in China due to Lunar New Year timing, with a 1.75% stock drop in Korea. China sales fell 11% YoY, but Vietnam and Russia showed strong growth. Korea revenue increased 1%, Vietnam sales rose 13%, and Russia saw a 36% revenue increase with potential capacity expansion. Rising costs impacted margins in all regions. Despite China challenges, Vietnam and Russia maintain strong performance, leading to a positive long-term outlook for Orion Corp.
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