CJ CheilJedang’s net profit rose 65.5 percent in the second quarter as food sales were steady and the company’s bio business grew rapidly
Dumpling exports swelled almost 50 percent last year as the Covid-19 outbreak led to more dumpling eating at home around the world.
CJ CheilJedang’s net profit rose more than 300 percent in 2020 as it sold 1 trillion-won worth of Bibigo dumplings.
Lee Sun-ho, the son of CJ Group Chairman Lee Jay-hyun, returned to CJ CheilJedang on Monday, a year after he was caught trying to smuggle drugs.
CJ CheilJedang’s Bibigo sold 1 trillion won ($902 million) of mandu, or dumplings, this year.
CJ CheilJedang reported more than a thousand percent jump in consolidated on-year net profit in the third quarter on improved business.
Time was when kimchi was Korea’s most famous export — not anymore.
With worries about contracting coronavirus outside of their homes, more and more people have been opting to have their necessities delivered, such as frozen food and meal kits.