Samyang Foods names Kim Jung-soo Chairman after record global growth
Samyang Foods has promoted Vice Chairman Kim Jung-soo to Chairman, effective June 1. The move follows years of rapid growth under his leadership, with the company’s Buldak ramyeon brand becoming a global success. His appointment comes as overseas sales continue to surge, now making up the bulk of the firm’s revenue. Kim Jung-soo joined Samyang Foods in 1998 and later developed the recipe for the Buldak ramyeon series. Since 2012, he has expanded the brand into international markets, driving significant sales growth. Overseas revenue reached 585 billion won in the first quarter of 2026 alone—a 38% jump from the same period last year.
The company’s total sales for the quarter hit 714.4 billion won, with an operating profit of 177.1 billion won. This strong performance follows a decade of expansion, with overseas sales climbing from 93 billion won in 2016 to 1.9 trillion won in 2025. By the end of 2025, foreign markets accounted for 80% of Samyang Foods’ total revenue. Investors have responded positively to the company’s growth. Share prices rose by over 60% in 2025, closing the year at 1.2 million won per share.
Kim Jung-soo’s promotion to Chairman begins on June 1, marking a new phase for Samyang Foods. The company’s focus on global expansion has reshaped its revenue streams, with overseas markets now dominating sales. His leadership will guide the brand as it builds on its recent financial success.
