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Orion sells record Choco Pies in 2016

All Headlines 15:14 January 05, 2017

SEOUL, Jan. 5 (Yonhap) -- Orion Corp. said Thursday it achieved record sales for its popular chocolate-coated snack cake, Choco Pies, across the world last year, with nearly half sold in China.

The confectionery manufacturer sold 2.3 billion units of Choco Pies worth 480 billion won (US$403 million) last year.

Over 200 billion won worth of Choco Pies were sold in China last year, the company said, adding the comparable figure for domestic sales was 140 billion won, up 37 percent from a year earlier.

The company attributed the growth to the growing popularity of banana-flavored and green matcha tea Choco Pies aimed at Chinese consumers who are fond of tea.

Choco Pies, which were first released in 1974, are being sold in over 60 countries.

Orion built a Choco Pies factory in Shanghai, China, in 2002.

Orion sells record Choco Pies in 2016 - 1

hdh@yna.co.kr
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