Wednesday , February 28 2024

ChocoPie producer achieves record $318M revenues

Orion Food Vina, which makes the popular snack ChocoPie, reported revenues of KRW406.7 billion (US$318 million) in the first 11 months, its highest ever.

The company, a subsidiary of South Korean confectionary maker Orion Corp., said Vietnamese sales grew at 38% year-on-year, Yonhap newspaper reported.

Orion Food Vina owns several popular Vietnamese snack brands such as ChocoPie, Tonnies and Custas.

ChocoPie accounted for 43% of sales in the third quarter.

The company has a factory each in the southern Binh Duong Province and northern Bac Ninh Province.

It plans to build a third and become the biggest confectionary company in the country.

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