[Edaily Reporter Kim Ji-woo ] Dongwon Group’s business holding company, DongwonIndustries(006040), reported year-over-year increases in both revenue and operating profit for the third quarter of this year. Although profitability in the consumer food business deteriorated due to a strong exchange rate and rising raw material prices, growth was supported by business-to-business (B2B) operations such as food ingredient distribution, packaging materials, and logistics.

DongwonIndustries announced on the 10th that its consolidated operating profit for the third quarter of this year was 149.7 billion won, a 1.1% increase compared to the same period last year. Revenue for the same period rose 6.6% to 2.756 trillion won. Net income decreased by 38.3% to 62.7 billion won.

Cumulative revenue for the first three quarters of this year totaled 7.858 trillion won, and operating profit reached 447.3 billion won, representing year-over-year increases of 8.2% and 10.0%, respectively.

Looking at individual affiliates, Dongwon F&F saw a slight increase in revenue on a cumulative third-quarter basis, driven by growth in overseas exports and online sales. However, operating profit fell significantly due to rising tuna purchase prices and cost pressures from a strong exchange rate, compounded by promotional competition among distribution channels.

Dongwon Home Food saw revenue and operating profit rise across all business segments, including food ingredients, food service, seasoning products, and livestock product distribution. In the food ingredients and food service segments, growth was driven by the expansion of distribution channels for senior-oriented food ingredients and new contracts with major clients, such as military catering. The livestock product distribution segment benefited from increased sales of imported meat due to holiday demand and growth in online and retail channels.

Dongwon Systems Corporation(014820)[Company Name] saw improved performance driven by exports of high-value-added products, such as eco-friendly packaging materials, and the growth of its overseas subsidiaries. Cumulative revenue for the third quarter reached 1.1431 trillion won, up 7.9% year-over-year, while operating profit rose 16.7% to 68.4 billion won.

Dongwon ROX, the logistics affiliate, recorded double-digit growth in both cumulative third-quarter revenue and operating profit by securing new clients in the industrial and consumer goods sectors, despite a decline in global freight volumes. In the fourth quarter, the company plans to strengthen its specialized logistics services—such as the handling of hazardous chemicals—as well as its cold-chain storage, distribution, and delivery operations.

A Dongwon Group official stated, “Despite a challenging business environment marked by a strong exchange rate and rising costs, the expansion of B2B sales channels and export growth supported the Group’s performance,” adding, “We will continue to prioritize profitability in our management while maintaining investments to identify new growth engines.”