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Samsung Biologics Reaches ₩3T (US$2.3B) in Orders in 2023

Nov 28, 2023

Samsung Biologics disclosed in a corporate filing with the Repository of Korea’s Corporate Filings (DART) that it has taken ₩3T (US$2.3B) in orders in 2023 after it has entered a new confidential sales/supply contract worth ₩588B (~US$457M).  The contract partner and contract period will be disclosed after 31 December 2025 for confidentiality reasons.

On 25 October 2023, Samsung Biologics announced its Q3/2023 financial results, demonstrating its highest ever quarterly consolidated revenue of ₩1.034T, marking an 18% increase from Q3 2023.