Samyang Foods Co Ltd
KRX:003230
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Samyang Foods Co Ltd
Total Other Income
Samyang Foods Co Ltd
Total Other Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Total Other Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
S
|
Samyang Foods Co Ltd
KRX:003230
|
Total Other Income
₩4.7B
|
CAGR 3-Years
58%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
CJ CheilJedang Corp
KRX:097950
|
Total Other Income
-₩163.7B
|
CAGR 3-Years
13%
|
CAGR 5-Years
12%
|
CAGR 10-Years
-2%
|
|
|
Ottogi Corp
KRX:007310
|
Total Other Income
-₩3B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-3%
|
CAGR 10-Years
-2%
|
|
|
Dongwon Industries Co Ltd
KRX:006040
|
Total Other Income
-₩206.5B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-20%
|
CAGR 10-Years
-103%
|
|
|
Orion Corp
KRX:271560
|
Total Other Income
-₩18.1B
|
CAGR 3-Years
-106%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Nongshim Co Ltd
KRX:004370
|
Total Other Income
₩12.5B
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
1%
|
|
Samyang Foods Co Ltd
Glance View
In the bustling landscape of South Korea's food industry, Samyang Foods Co., Ltd. stands as a testament to innovative culinary prowess and entrepreneurial vision. Founded in 1961 by visionary Jeon Joong Yoon, Samyang Foods played a pivotal role in the modernization of Korean cuisine through its introduction of the first Korean instant noodles. These noodles, quickly embraced by consumers, not only satisfied immediate hunger pangs but also offered an affordable and convenient meal solution. Over the decades, Samyang has expanded its culinary offerings, leveraging its R&D strengths to introduce an array of packaged snacks and condiments that resonate with both domestic tastes and international palates. The company draws a significant portion of its revenue from its renowned flagship product, Ramyeon, a type of instant noodles. As globalization intertwined with culinary curiosity, Samyang deftly navigated the expanding global market, gaining a foothold by exporting its spicy noodle varieties that captivated overseas consumers with their intense flavors. This strategic move, especially the viral sensation generated by their 'Buldak Bokkeum Myeon' or "Hot Chicken Flavor Ramen," has significantly bolstered Samyang's profits. By embracing the power of digital marketing and social media platforms, the company has effectively engaged younger consumers worldwide, consequently enhancing its brand presence and driving revenue upward in an ever-evolving global market.
See Also
What is Samyang Foods Co Ltd's Total Other Income?
Total Other Income
4.7B
KRW
Based on the financial report for Sep 30, 2024, Samyang Foods Co Ltd's Total Other Income amounts to 4.7B KRW.
What is Samyang Foods Co Ltd's Total Other Income growth rate?
Total Other Income CAGR 3Y
58%
The average annual Total Other Income growth rates for Samyang Foods Co Ltd have been 58% over the past three years .
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