WOOYANG Co., Ltd.
KKRX:1038401,494.00
KRW
-6.00
(-0.40%)
ISIN
KR7103840005
Return %
Stock
S&P 500
1Y
-62.18
14.39
3Y
-64.93
81.42
5Y
-69.79
68.62
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Full Time Employees
- 343
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Seocheon-gun South Korea
- IPO Date
- Nov 20, 2019
- Website
- foodkorea.com
- Similar Companies
- Business
- WOOYANG Co., Ltd. (KRX: 103840) is a South Korean food manufacturing company that specializes in the production, processing, and distribution of frozen foods, home meal replacement (HMR) products, processed agricultural goods, and beverage ingredients. Founded in 1992 and headquartered in Seocheon-gun, Chungcheongnam-do, South Korea, the company operates as both an original equipment manufacturer (OEM) and original design manufacturer (ODM), alongside marketing its proprietary consumer brands. The company organizes its core business across specialized product segments, comprising: frozen food products, including Korean-style corn dogs, mozzarella cheese hot dogs, potato-coated corn dogs, frozen kimbap, croquettes, and cheese balls; home meal replacements and convenience foods, consisting of ready-to-heat meal kits, processed meat items, and seafood-based prepared dishes; processed agricultural and fruit products, including individually quick-frozen fruits, vegetable mixes, fruit purees, and root vegetable pastes such as sweet potato, potato, chestnut, and pumpkin pastes; beverage bases and cafe ingredients, encompassing fruit juice concentrates, smoothie bases, flavored syrups, fruit preparations, and tea extracts; sauces, dressings, and culinary seasonings formulated for commercial food service and retail applications; and industrial bakery ingredients supplied to commercial bakeries and confectionery producers. The company commercializes its consumer products under proprietary brand names such as Chef Story and Nuttre while serving as a strategic OEM and ODM manufacturing partner for leading food conglomerates, including CJ CheilJedang, Pulmuone, Lotte, and Dongwon, as well as major beverage and cafe franchises such as Starbucks Korea, Ediya Coffee, and Hollys Coffee. In recent developments, WOOYANG has expanded its manufacturing footprint with automated production lines dedicated to frozen kimbap to capture growing international demand driven by the global popularity of Korean food. The company has also accelerated its overseas expansion strategy, scaling export volumes of frozen corn dogs and frozen kimbap into North America, Europe, Japan, and other key international markets through multinational retail channels including Costco. Furthermore, WOOYANG has modernized its manufacturing facilities in Seocheon, Janghang, and Cheongyang through the integration of automated packaging systems and high-pressure processing (HPP) technologies to enhance operational efficiency, ensure strict food safety standards, and support continued global supply chain diversification.