Search results for Hahn
Industry
Namyang Dairy CEO Kim Seung-eon says first return to profit in five years marks start of growth track this year
Namyang Dairy said it is stepping up shareholder-return policies, including bigger dividends and a special dividend, on the back of a return to profit. The company said it shared management normalisation results, future growth strategy and measures to raise shareholder value at its 62nd annual general meeting in Seoul. It reported 2025 consolidated sales of 914.1 billion won and operating profit of 5.2 billion won.
Industry
Namyang Dairy returns to operating profit as profitability-driven overhaul pays off
Namyang Dairy Products said on Wednesday it returned to an annual operating profit last year on a consolidated basis, posting 914.1 billion won in revenue and 5.2 billion won in operating profit. Operating profit swung from a 9.8 billion won loss a year earlier. Net profit improved to 7.1 billion won from 250 million won, while revenue grew 4 percent. The company cited a profitability-focused overhaul and announced a 31 billion won shareholder returns plan.
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.