[Special Stock] Samyang Foods Rises on Outlook for Continued High Margins Amid Revenue Growth

Samyang Foods is surging on the 4th. It is interpreted that investor sentiment is expanding due to expectations that strong margin rates will be maintained as external growth continues, mainly overseas.

At 9:21 AM, Samyang Foods was trading at 606,000 KRW, up 4.12% (24,000 KRW) from the previous day.

On this day, Kim Taehyun, a researcher at IBK Investment & Securities, stated that expectations for expanded exports to the United States remain high and that a high operating profit margin will be maintained. In particular, it was reported that Samyang Foods is also considering the possibility of establishing overseas production plants and additional expansion.

Researcher Kim said, "When the Miryang Plant 2 is completed, production capacity will increase by about 40% compared to the existing capacity," and analyzed, "Considering the still high consumer demand and potential for distribution network expansion in key regions such as the United States, Europe, and China, the initial operating rate is expected to rise faster than anticipated."

He added, "Europe is also expanding mainly through mainstream channels in the Netherlands, Germany, and Poland, and after the operation of Miryang Plant 2, the expansion of the sales network through the European sales corporation is expected to accelerate."