Samyang heir faces post-Buldak test

Calling Samyang Foods’ Buldak a game changer might not be sufficient to comprehensively describe the impact of its megahit spicy instant noodle brand on the Korean ramyeon maker. On the back of strong Buldak sales in recent years across the globe, Samyang Foods’ annual revenue nearly quadrupled over the past five years while its market capitalization jumped by almost 20 times. Although the company’s short-term outlook seems promising as its sales and operating profit continue growing, eyes are o

By The Korea Herald