Foodwell Corp.
KKRX:0056706,050.00
KRW
-60.00
(-0.98%)
ISIN
KR7005670005
Return %
Stock
S&P 500
1Y
-36.32
14.39
3Y
29.83
81.42
5Y
-21.63
68.62
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- Full Time Employees
- 188
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Daegu South Korea
- IPO Date
- Dec 7, 1993
- Website
- foodwell.com
- Similar Companies
- Business
- Foodwell Corp. is a South Korea-based food manufacturing and processing company that specializes in original equipment manufacturing (OEM), original design manufacturing (ODM), and agricultural ingredient processing for major food, dairy, and beverage corporations. Founded in August 1968 and headquartered in Daegu, South Korea, the company operates aseptic filling, puree concentration, canning, bottling, and frozen food processing facilities across South Korea and China, serving domestic clients as well as overseas markets including Japan, China, Taiwan, and the United States. The company's business portfolio encompasses systematic product lines, offering processed fruit and vegetable products, such as fruit jams, syrups, purees, juice concentrates, canned fruits, peeled chestnuts, chestnut paste, and specialized fruit preparations and toppings for dairy, yogurt, ice cream, and bakery manufacturers; packaged beverages, including canned and bottled fruit juices, ready-to-drink coffees, teas, and vitamin drinks produced via aseptic packaging and bottling lines; frozen and prepared foods, comprising frozen dumplings, home meal replacement (HMR) products, and retort-packaged convenience foods; and health functional foods, including vitamins, nutritional supplements, and specialized wellness food formulations. Foodwell conducts its diversified operations through a network of specialized subsidiaries, including Qingdao Foodwell Food Co., Ltd. for overseas agricultural processing, Puron Co., Ltd. for frozen foods and dumpling production, Hood One Co., Ltd. for sauces and meal kits, Cospharm Co., Ltd. for health functional foods, and Blue Street Co., Ltd. for restaurant-branded HMR commercialization, supplying prominent industrial clients such as Dongwon F&B, Binggrae, CJ CheilJedang, Lotte Chilsung Beverage, and SPC Group. In recent strategic developments over the past one to two years, Foodwell Corp. has accelerated its business portfolio diversification away from traditional seasonal agricultural processing toward higher-margin health functional foods and frozen convenience food categories. The company has expanded its OEM and ODM supply agreements with major domestic food conglomerates, widened the commercialization of specialized restaurant-curated meal solutions through its Blue Street subsidiary, and implemented operational efficiencies and automated processing line upgrades across its manufacturing network to counter agricultural commodity cost volatility and satisfy growing export demand in North American and East Asian distribution channels.