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Samyang Foods Co Ltd
KRX:003230

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Samyang Foods Co Ltd
KRX:003230
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Price: 783 000 KRW 3.16% Market Closed
Market Cap: 5.8T KRW
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Samyang Foods Co Ltd
Investor Relations

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.

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Earnings Calls

No Earnings Calls Available

Management

Mr. In-Chang Chun
Chairman and Chief Executive Officer
No Bio Available
Ms. Jeong-Su Kim
President
No Bio Available
Chang-Woon Kim
Head of Business Supporting Division and Director
No Bio Available

Contacts

Address
SEOUL
Seoul
104, Opaesan-ro 3-gil, Seongbuk-gu
Contacts