[Featured Stock] "Samyang Foods Rises for 7 Consecutive Trading Days... Surpasses 500,000 Won"

Riding on strong earnings, Samyang Foods, which has been showing continuous strength, has once again hit a new all-time high, surpassing the 500,000 KRW mark.

As of 9:36 AM on the 20th, the stock is trading at 547,000 KRW, up 100,500 KRW (22.51%) compared to the previous close. During the session, it rose to 579,000 KRW, setting a new 52-week high. This marks the seventh consecutive trading day of gains.

Record-breaking earnings have been the driving force behind Samyang Foods' stock price increase. In the first quarter of this year, Samyang Foods recorded sales of 385.7 billion KRW and an operating profit of 80.1 billion KRW. These figures represent increases of 57.1% and 235.8%, respectively, compared to the same period last year. Kwon Woo-jung, a researcher at Kyobo Securities, stated, "The results exceeded market expectations by 92%, marking the largest earnings surprise in the food and beverage sector for the first quarter." He added, "Considering the disappointing earnings growth of overseas peers, Samyang Foods' first-quarter performance stands out even more."