[Featured Stock] 'Buldak Magic' S&D Hits Record Highs

S&D is showing strong performance in the early trading session. This is interpreted as a positive influence on investor sentiment following the growth of Samyang Foods' Buldak sauce and the company's record-high performance last year.

As of 9:39 AM on the 5th, S&D is trading at 68,800 KRW, up 6.01% (3,900 KRW) from the previous close. During the session, the price surged to 69,800 KRW, continuously setting new 52-week highs.

S&D is the exclusive supplier of key raw materials for Samyang Foods' Buldak sauce. It is attracting attention for its steep sales growth alongside the global expansion of the Buldak series. Last year, it recorded its highest-ever performance with sales of 116.1 billion KRW (up 31.6% year-on-year) and operating profit of 20.1 billion KRW (up 56.1% year-on-year). In particular, sales of raw materials for Buldak sauce increased by 40% compared to the previous year, driving the company's performance.

Hyunjung Son, a researcher at Yuanta Securities, explained, "S&D is a key partner in the Buldak success story. Its main products, including key raw materials for Buldak liquid powder sauce and general functional food ingredients, account for about 90% of sales." She added, "The global expansion of the Buldak brand is positioning S&D not just as a raw material supplier but as a core beneficiary in the sauce market. As Samyang Foods develops Buldak sauce into an independent brand, the company's profitability improvement and long-term growth drivers are expected to become even more solid."