LS Securities maintained its Buy rating and target price for Samyang Foods, expecting U.S. growth and delayed European subsidiary sales to support fourth-quarter results. It also cited overseas price increases and cost savings as offsets to the possible impact of a stronger Korean won, while the company’s Chinese plant is expected to lift annual capacity by about 40%.
The report concerns a food manufacturer’s sales, exchange-rate exposure, and production capacity; it provides no specific feed-commodity supply or demand signal.
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