[Featured Stock] Samyang Foods Continues Record High Rally... Touches 950,000 Won

Samyang Foods continues its streak of record-high prices.

As of 9:10 AM on the 19th, Samyang Foods is trading at 94,100 KRW, up 15,000 KRW (1.62%) from the previous day. During the session, it rose to 95,400 KRW, setting a new all-time high.

Samyang Foods is on the verge of becoming a blue-chip stock as export expectations drive its stock price upward.

On this day, Samyang Foods announced that its overseas sales on a consolidated basis last year increased by 65% compared to the previous year, reaching 1.3359 trillion KRW. Overseas sales, which were in the 90 billion KRW range in 2016, surpassed 300 billion KRW in 2020, 600 billion KRW in 2022, and exceeded 800 billion KRW in 2023. Just one year later, it surpassed 1 trillion KRW for the first time in history. The proportion of overseas sales in total sales has also steadily increased, reaching 77% last year.