Harim reappointed CEO Jeong Ho-seok and noted, "We will strengthen our business competitiveness through market analysis and risk management."
CEO Jeong Ho-seok of Harim said during his remarks at the 14th regular shareholders' meeting held on the 26th, "This year will be a very challenging one due to concerns over the global economic downturn and the increasing possibility of a financial market crisis," adding, "We will continue relentless innovation and challenges to strengthen our business competitiveness through thorough market analysis and proactive risk management."
Harim voted to approve the reappointment of CEO Jeong at the meeting. CEO Jeong took up the position in March 2022 and was approaching the expiration of his term on March 31.
At the shareholders' meeting, the agenda items including the approval of financial statements (including the statement of retained earnings) and consolidation financial statements, amendment of articles of incorporation, and approval of director compensation limits were passed as originally proposed.
A Harim official said, "Despite the unstable international situation last year and the decline in chicken prices, we achieved growth in fresh meat sales volume and processed meat sales volume compared to the previous year through expanded slaughtering market share, improvements in feed conversion ratio and slaughtering productivity, and revenue growth in the institutional sector of meal services and egg business, enhancing our market response capability and revitalizing sales."
Harim recorded sales of 1.2337 trillion won and an operating profit of 22.1 billion won last year.