"Big Psy Boneless Chicken Sells Well"... Mom's Touch Sees 22% Surge in Operating Profit Last Year
Operating Profit of 73.4 Billion KRW and Sales of 417.9 Billion KRW Last Year
Chicken-Only Sales Surpass 100 Billion KRW for the First Time in Company History
Mom's Touch & Company recorded strong performance last year due to increased sales of key products such as chicken.
Mom's Touch & Company announced on the 2nd that its consolidated operating profit for last year reached 73.4 billion KRW, a 21.8% increase compared to the previous year.
During the same period, sales rose 14.7% to 417.9 billion KRW, and net profit increased 14.7% to 53.8 billion KRW.
A representative from Mom's Touch stated, "There were factors contributing to balanced growth across the business, including increased chicken sales, the rise in Mom's Pizza shop-in-shop stores, and overseas and distribution businesses."
Hot Picks Today
"Even Luxury Cars Drive Off Without Paying"... ...
- "Only the Top 1% Winning Big in Stocks Smile... '300 Million Won Splurges' or '1...
- Applied Just for Skin Soothing...Study Finds It Suppresses Antibiotic Resistance
- "Is the Starting Salary Really 4 Million Won?"... Surprise as Navy Salary and Sa...
- “Nothing Left to Protect” as Japan Drops Its “Peace State” Banner... Lifts B...
In particular, chicken sales saw strong performance with the signature menu item 'Big Sai Boneless' boosting sales proportion from 11% in 2023 to 18% last year, marking the first time in the company's history that chicken-only sales reached 100 billion KRW. As of March this year, the chicken sales proportion has increased further to 23%, they explained.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.