Samyang Foods' 2Q Sales KRW 553.1 Billion and Operating Profit KRW 120.1 Billion
Aug 18, 2025
Samyang Foods announced on the 14th that it recorded sales of 553.1 billion won and operating profit of 120.1 billion won on a consolidated basis in the second quarter. Compared to the same period last year, sales and operating profit increased by 30 percent and 34 percent.
In the second quarter, the overseas sector continued to grow solidly, growing both in appearance and in-house. In particular, it exceeded KRW 100 billion in operating profit for two consecutive quarters following the previous quarter, achieving an operating profit ratio of around 20%, and cumulative sales in the first half of the year exceeded KRW 1 trillion.
Overseas sales rose 33% year-on-year to 442 billion won in the second quarter. Sales have expanded evenly across the region, mainly by overseas sales companies. Amid continued growth in China and the United States, the largest export markets, European subsidiaries showed rapid growth as they began to enter the market in earnest.
Chinese subsidiary Samyang Foods and Shanghai Co., Ltd. achieved sales of 650 million yuan in the second quarter, up 30% year-on-year, thanks to the launch of new customized products in the region and the expansion of online and offline vendors.
Samyang America, a U.S. subsidiary, posted $94 million in sales, up 32% from the previous year. Following Walmart and Costco, the expansion of mainstream channels to HEB and Sam's Club was effective.
The European subsidiary (established in July 2024) posted 32 million euros in revenue, double from the previous quarter.
"We will gradually increase export volume from the second half of the year as we can smoothly support the growth of overseas demand through the operation of the Miyang 2 plant. We will create sustainable growth momentum by diversifying exporting countries and actively pursuing strategies tailored to each country based on our expanded production capacity." said an official from Samyang Foods.
In the second quarter, the overseas sector continued to grow solidly, growing both in appearance and in-house. In particular, it exceeded KRW 100 billion in operating profit for two consecutive quarters following the previous quarter, achieving an operating profit ratio of around 20%, and cumulative sales in the first half of the year exceeded KRW 1 trillion.
Overseas sales rose 33% year-on-year to 442 billion won in the second quarter. Sales have expanded evenly across the region, mainly by overseas sales companies. Amid continued growth in China and the United States, the largest export markets, European subsidiaries showed rapid growth as they began to enter the market in earnest.
Chinese subsidiary Samyang Foods and Shanghai Co., Ltd. achieved sales of 650 million yuan in the second quarter, up 30% year-on-year, thanks to the launch of new customized products in the region and the expansion of online and offline vendors.
Samyang America, a U.S. subsidiary, posted $94 million in sales, up 32% from the previous year. Following Walmart and Costco, the expansion of mainstream channels to HEB and Sam's Club was effective.
The European subsidiary (established in July 2024) posted 32 million euros in revenue, double from the previous quarter.
"We will gradually increase export volume from the second half of the year as we can smoothly support the growth of overseas demand through the operation of the Miyang 2 plant. We will create sustainable growth momentum by diversifying exporting countries and actively pursuing strategies tailored to each country based on our expanded production capacity." said an official from Samyang Foods.
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This article was translated by Naver AI translator.
