Samsung Biologics revealed in its Q4 2024 Earnings that its subsidiary Samsung Bioepis surpassed ₩1T (1 trillion Korean won) annual revenue in 2023 for the first time in the company’s history. This was due to the 8% growth in revenue from new product launches and sales expansion.
Parent company Samsung Biologics’ operating profit of over ₩1T was also a record high. On 25 October 2023, Samsung Biologics reported its highest ever quarterly consolidated revenue of over ₩1T.