Samyang Foods recorded its highest-ever sales and operating profit.
On the 5th, Samyang Foods announced that it recorded a consolidated revenue of 1.73 trillion won and operating profit of 344.2 billion won for the previous year. Compared to the same period last year, revenue increased by 45% and operating profit rose by 133%.
Samyang Foods has continued its growth for eight consecutive years since the export of its BulDak Bokkeum myeon began in 2016. Last year's net profit was 272.3 billion won, an increase of 115% compared to the previous year. The operating profit margin also rose from 12% in 2023 to 20% last year, expanding profitability.
Samyang Foods noted that "sales and operating profit increased due to the continuous growth of overseas sales."