Harim Group’s internal affiliate transactions reached high levels in 2025, with Charm Trading recording about $211.6 million in internal transactions and some unlisted affiliates depending on group transactions for more than 80% of sales. Data from Financial Supervisory Service. Graphic by Asia Today and translated by UPI

June 3 (Asia Today) -- Harim Group's domestic transactions among affiliates exceeded 1.4 trillion won, or about $914 million, last year, raising concerns that some unlisted units remain heavily dependent on business from within the group.

An analysis of Financial Supervisory Service filings and affiliate transaction data showed Harim Group's domestic internal transactions totaled 1.44 trillion won, or about $938 million, in 2025.

That accounted for about 11.5% of the group's total revenue of 12.41 trillion won, or about $8.11 billion.

Harim Group has a vertically integrated business structure spanning feed production, livestock, food processing, distribution and logistics. The structure has drawn attention because several unlisted affiliates reported high levels of sales from transactions with other group companies.