1. What Happened at Orion Holdings in H1 2025?

Orion Holdings maintained solid growth with consolidated revenue of KRW 1.6085 trillion (up 3.99% YoY) in H1 2025. However, operating profit and net income declined to KRW 215.7 billion (down 10.8% YoY) and KRW 154.5 billion (down 10.4% YoY), respectively, showing somewhat sluggish performance.

2. Why Did Performance Fluctuate?

Revenue growth was driven by global market expansion and new product launches in the core confectionery business. The decline in operating profit is attributed to increased cost burdens in the confectionery segment and temporary cost increases in the film segment. Fluctuations in exchange rates and international raw material prices also affected profitability.

3. What’s Next for Orion Holdings?

Orion Holdings is expected to continue stable growth based on its solid foundation in the confectionery business. The company is also focusing on securing long-term growth engines through investments in new businesses such as video content and bio. However, uncertainty in the film segment and macroeconomic volatility require continuous monitoring.

4. What Actions Should Investors Take?

Orion Holdings possesses the stability of its confectionery business and the growth potential of new businesses. However, investors should be mindful of the possibility of short-term profit deterioration and changes in the external environment. Careful consideration of H2 earnings trends, new business performance, and changes in macroeconomic indicators is crucial before making investment decisions. Shareholder return policies such as share buybacks and cancellations are also noteworthy.