Discover the latest on Samyang Foods and its soaring spicy chicken noodles sales! With impressive operating profits in 2024 and fluctuating stock prices, learn if the popularity is sustainable or if demand is waning. Join us as we analyze what the future holds for this culinary phenomenon!

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(p1) Lets learn about Samyang Foods, which has been Hot with its spicy chicken noodles for a while.
(p2) With the results announced until the second quarter of 2024, sales are naturally on the rise.
(p3) Operating profit was particularly good in the first half of 2024, achieving over 80 billion won quarterly.
(p4) The stock price responded accordingly. It had even surpassed 700,000 won.
(p5) But, did the stock price increase as much as the operating profit? Looking at the PER, it can be seen that the price has increased more than the rise in operating profit. Of course, this reflects expectations for future profits. If foreigners continue to consume spicy chicken noodles, it could be justified.
(p6) However, considering the last 30 days, foreigners have been selling off Samyang Foods. Despite a slight rebound in recent stock prices, the ownership ratio continues to decrease. Does this mean that people have eaten enough spicy chicken now?
(p7) This was Samyang Foods, which makes us more curious about the third quarter results. Thank you.
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