Daesang Corporation
16,360.00
KRW
-90.00
(-0.55%)
ISIN
KR7001680008
Return %
Stock
S&P 500
1Y
-21.72
14.39
3Y
-15.19
81.42
5Y
-32.26
68.62
Capital Structure
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in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
KRW
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Jung-Bae Lim
- Full Time Employees
- 5,106
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Jongro Place Seoul SL South Korea 03130
- IPO Date
- Apr 1, 1970
- Website
- daesang.com
- Similar Companies
- Business
- Daesang Corporation is a South Korean food company primarily engaged in the production and sale of a wide array of food products, centered on traditional pastes, seasonings, processed meats, frozen foods, agricultural and marine food products, and health functional foods. Its core product portfolio includes traditional Korean pastes such as Soonchang Red Pepper Paste and Hatsaldameun Soy Sauce; seasoning assortments including Gamchimi, Matnawa, and Matsunsang, which utilizes natural ingredients; vinegars such as Masinun Hongcho; meat processed foods; and western-style frozen foods. The company also produces specialty high-performance ingredients for food manufacturing, including natural seasoning ingredients, modified starch called EMULAID, and microalgae ingredients derived from proprietary fermentation technologies. Daesang's leading brands include Chungjungone, a representative total food brand in Korea, and Jongga, a global kimchi brand. Daesang operates extensively in Korea and has been expanding its global footprint, actively participating in international food ingredient exhibitions such as FiE 2025 in Paris and Anuga 2025 in Germany to bolster its overseas sales channels and partnerships. Recently, Daesang has emphasized innovation in sustainable and plant-based food ingredients, introducing new products like Dsavory, a natural seasoning enhancing umami without meat, and EMULAID, which supports vegan applications. The company also showcases its innovation in packaging, exemplified by a new glass jar for kimchi products. In the past two years, Daesang has made significant strategic moves including the acquisition of North American logistics company Traffix through its affiliated private equity firm, UTC Investment, which was later divested to Forest Partners, indicating a focus on venture and business expansion. Additionally, Daesang Well Life, a subsidiary of Daesang Holdings, recently acquired F&DNet, a Korean health functional food seller, to strengthen its health functional food business and expand internationally. The company continues to leverage its fermentation expertise for product development and global market expansion. Founded in 1956 and headquartered in Seoul, South Korea, Daesang Corporation operates across food manufacturing, distribution, and health-oriented food businesses, targeting consumers and food manufacturers domestically and internationally with a comprehensive offering of traditional and innovative food products and specialty ingredients.