[Special Stock] S&D, Maker of 'Buldak Bokkeummyeon Soup', Rises on Factory Expansion

S&D, the manufacturer of the powdered soup base for Samyang Foods' Buldak Bokkeum Myun, is showing strength thanks to the popularity of Buldak Bokkeum Myun and news of factory expansion.

As of 10:09 AM on the 4th, S&D is trading on the KOSDAQ market at 37,900 KRW, up 5,900 KRW (18.44%) from the previous close. The opening price was 35,550 KRW, but buying pressure surged during the session.

Recently, Samyang Foods' Buldak Bokkeum Myun has continued to gain popularity in global markets. There are forecasts that it will maintain high profit margins as its external growth continues, especially overseas. Notably, Buldak Bokkeum Myun has succeeded in entering major U.S. mainstream retailers such as Walmart, Costco, and Target.

The news of factory expansion is seen as a positive factor amid a situation where supply could not keep up with demand. S&D announced yesterday that it has decided to invest 16 billion KRW in factory expansion and production facilities. This investment corresponds to 18.06% of its equity capital, with the investment period lasting until June 30, 2025.