[Special Stock] Daesang Holdings Expected to Benefit from Increasing Demand for Health Functional Foods

[Asia Economy Reporter Hyungsoo Park] Daesang Holdings is showing strong performance. The increase in domestic demand for health functional foods appears to have influenced the stock price, as it is expected to benefit from this trend.

As of 9:55 AM on the 29th, Daesang Holdings is trading at 7,820 KRW, up 5.68% from the previous day.

Research Alme reported that Daesang Life Science's first-quarter sales increased by 45.5% compared to the same period last year, raising expectations for a revaluation of Daesang Holdings' corporate value.

Researcher Jaeyoung Lee of Research Alme explained, "Demand for health functional foods is increasing," and added, "Daesang Life Science, a subsidiary 100% owned by Daesang Holdings, is growing rapidly."

He continued, "Daesang, the largest business company within the group, is also performing well," and added, "With the proportion of highly profitable online sales channels increasing this year, record-high performance is expected."

He estimated, "Daesang's market capitalization is 880 billion KRW," and "considering Daesang Holdings' 38% stake, the equity value is estimated to be around 330 billion KRW."

This content was produced with the assistance of AI translation services.