[Featured Stock] Samyang Foods Expands Investment in Miryang Plant 2... Earnings Forecast Raised, Up 5%

Samyang Foods' stock price is on the rise. Expectations that future earnings will increase due to plans to expand investment in the Milyang 2nd factory appear to be influencing the stock price.

As of 10:15 a.m. on the 7th, Samyang Foods is trading at 611,000 KRW, up 5.16% from the previous day. During the session, it rose to 641,000 KRW, marking a 52-week high.

On the 5th, Samyang Foods announced through a revised disclosure that it will add one more production line to the Milyang 2nd factory, increasing the number from five to six. Han Yoo-jung, a researcher at Hanwha Investment & Securities, stated, "Production capacity (CAPA) is estimated to increase by about 37% by 2026," adding, "Accordingly, we raise the operating profit estimate for 2025 by 28.1% year-on-year to 404.9 billion KRW."

Researcher Han also said, "Due to changes in mix by region, product, and country, performance growth this year is expected to be stable," and predicted, "After the completion of the Milyang 2nd factory, regional expansion to Latin America and Europe, as well as an increase in new product sales, will follow."