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| 오스템임플란트 (사진=오스템임플란트) |
[Alpha Biz=(Chicago) Reporter Kim Jisun] Osstem Implant reached KRW 1 trillion in sales last year. It was largely due to its strong performance in overseas markets, surpassing 100 billion won in sales for the first time in Europe and the Americas. The domestic market also led the positive performance by continuing double-digit growth.
On the 16th, Osstem Implant announced that its sales and operating profit reached 1.537 trillion won and 234.7 billion won last year, up 27.8% and 63.7%, respectively, from a year earlier. Sales of 1 trillion won is the first record achieved among domestic dental implant companies.
Osstem implants grew evenly at home and abroad last year. Domestic sales rose 16.9% year-on-year to 376.5 billion won, while overseas sales jumped 34.7% to 677 billion won. In particular, the proportion of overseas sales soared to 64.3% in five years after surpassing 50% for the first time in 2017.
Growth in Europe has been remarkable. Sales in Europe rose 42.4% year-on-year to 136.5 billion won. It is the first time that sales in Europe have exceeded KRW 100 billion. Ostem Implant is strengthening its local sales support system by boosting its online education system and promotion and marketing using major media in Europe after moving its base from Germany to the Czech Republic in 2021. Starting with Spain and France this year, the company plans to increase its local subsidiaries in European countries.
Sales in the Americas also surpassed 100 billion won for the first time. Sales rose 25.2% year-on-year to 115.4 billion won.
Sales in Asia also rose 35.1 percent on-year to 425.1 billion won. It surpassed domestic sales for the first time.
AlphaBIZ 김지선(stockmk2020@alphabiz.co.kr)
