Samyang Foods achieved 2 trillion won in sales for the first time since its founding. It came two years after it first recorded 1 trillion won in sales in 2023.
According to Samyang Foods on the 30th, last year's sales on a consolidation basis were 2.3518 trillion won, up 36% from a year earlier. Operating profit rose 52% to 523.9 billion won.
Samyang Foods said growth accelerated thanks to overseas expansion led by the Buldak brand and an expansion of production infrastructure. After first reaching 1 trillion won in sales in 2023, sales doubled in two years, and during the same period operating profit jumped more than threefold from the 140 billion won range to the 500 billion won range.
A Samyang Foods official said, "The Buldak brand is consumed routinely in the global market and demand continues to grow," and added, "We will strengthen our production and distribution infrastructure to sustain the growth trend."