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MARKET PULSE · South Korea

Samyang Foods posts record quarterly profit as overseas sales climb 29%

Samyang Foods' third-quarter revenue rose 25.3% to KRW791.8 billion and operating profit increased 49.9% to a record KRW196.2 billion. Overseas sales grew 29.4% to KRW660.8 billion, accounting for 83.5% of total revenue.

By F&BSG Editorial · F&BSG edition · Original source: Aju Press · Source published

What happened

Samyang Foods' third-quarter revenue rose 25.3% to KRW791.8 billion and operating profit increased 49.9% to a record KRW196.2 billion. Overseas sales grew 29.4% to KRW660.8 billion, accounting for 83.5% of total revenue.

Source and editorial note

This is F&BSG’s summary of reporting by Aju Press. Read the original source for the full context and any subsequent updates.

Read the original at Aju Press ↗

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