Samyang Foods on track to hit W3tr in revenue as Buldak fires up US, China growth

Samyang Foods’ quarterly operating profit hit a record high in the July-September period, jumping nearly 50 percent on-year on robust Buldak sales in the US and China and putting the company within reach of 3 trillion won ($2.2 billion) in annual revenue. In a regulatory filing Friday, the company reported preliminary third-quarter revenue of a record 791.8 billion won, up 25.3 percent from a year earlier. Operating profit jumped 49.9 percent to 196.2 billion won. With cumulative revenue of 2.28