Industry
Namyang Dairy pushes Backmidang expansion after ending five-year loss streak
Namyang Dairy, which escaped five years of losses last year, is stepping up expansion of its cafe franchise Backmidang. Backmidang was established as a separate company in 2024 and has grown to account for about 30 percent of Namyang Dairy’s operating profit. The company opened a new Hapjeong store last month and has focused on prime downtown Seoul locations. It plans further openings, including outside the Seoul metropolitan area, and new regional menu items.
