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Samyang Meals’ Buldak ramyeon merchandise are displayed on the cabinets of a big low cost retailer chain outlet in Seoul, March 26, 2025. Yonhap
Samyang Meals, identified for its globally standard Buldak spicy ramyeon, stated Thursday its annual gross sales exceeded 2 trillion gained ($1.4 billion) for the primary time since its founding in 2025, pushed by robust demand for the Buldak sequence.
Samyang Meals’ gross sales jumped 36 p.c to 2.35 trillion gained final 12 months from 1.72 trillion gained a 12 months earlier, the corporate stated in a press launch.
Since its launch in 2012, cumulative gross sales of Buldak ramyeon have exceeded 9 billion items, producing greater than 5 trillion gained in income. The product gained world consideration after its excessive spiciness went viral in a food-eating problem in 2014.
To satisfy rising demand for Buldak merchandise, Samyang stated it has diversified its export markets, whereas increasing distribution channels in Europe and the US.
The corporate has additionally expanded its home manufacturing capability, contributing to robust earnings efficiency, the discharge stated. In July, it started development of its first abroad manufacturing facility in China.
Internet revenue jumped 43 p.c to 387.56 billion gained from 271.25 billion gained, whereas working revenue surged 52 p.c to 523.94 billion gained from 344.56 billion gained.
“This 12 months, we are going to proceed the expansion development by strengthening our manufacturing and distribution channels,” the corporate stated.
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