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FlagFillIconNow In Korea
Samyang’s Buldak Ramen Powers Record Overseas Sales, Operating Profit Jumps 50%
Creatrip Team
4 months ago
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Samyang Foods posted a 50% year-on-year rise in third-quarter operating profit to KRW 130.9 billion as global demand for its Buldak (spicy chicken) instant noodle series remained strong. Quarterly revenue rose 44% to KRW 632 billion, with cumulative operating profit through Q3 surpassing last year’s full-year figure. Overseas sales led growth, rising 50% to KRW 510.5 billion and accounting for 81% of total revenue. Both the U.S. and China posted double-digit gains—Samyang America’s Q3 sales grew 59% to $112 million, and Samyang Foods Shanghai saw a 56% increase to CNY 951 million. Samyang credited the new Milyang Plant 2 and proactive responses to U.S. reciprocal tariffs for helping diversify export markets and mitigate tariff impacts. While K-food exports overall grew 5.7% through October, growth has slowed amid global headwinds; Samyang expects faster export expansion as factory output rises and tariff risks ease.
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