Orion Reports Preliminary May 2026 Consolidated Sales of KRW 301.1 Billion, Growth in China and Russia Driven by Currency Effects
Orion reported preliminary consolidated net sales of KRW 301.1 billion for May 2026, showing growth year-over-year when considering currency effects.
By region, China sales increased 20.8% to KRW 123.7 billion, Vietnam up 13.0% to KRW 40.1 billion, and Russia up 27.2% to KRW 36.9 billion.
Korea sales decreased 2.6% to KRW 100.4 billion year-over-year.
Currency effects include appreciation of Chinese yuan by 13.3%, Vietnamese dong by 5.8%, and Russian ruble by 17.7% versus the Korean won.
Orion's ownership in Chinese subsidiaries is 95.2%, Vietnam 100.0%, and Russia 73.3%.
[AI Summary]This disclosure is a routine monthly sales report with no capital changes or strategic shifts, likely neutral for stock price. Regional variations due to currency effects are noted but overall consolidated performance remains stable.