Daesang Corporation (001680.KS) KSC

Currency In KRW

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Daesang Corporation

Address

Jongro Place

Seoul, SL 03130

Korea (the Republic of)

Phone

82 2 2220 9500

Sector

Consumer Defensive

Industry

Packaged Foods

Employees

5010

First IPO Date

April 01, 1970

Key Executives

NameTitlePayYear Born
Jung-Bae LimSenior MD, Chief Executive Officer, CEO of Food Business Unit & Director607M1961
Yong-Ju ParkExecutive Director581M1963
Hoonsik KimExecutive Director581M1962
Jung-Ho ChoiSenior MD, Director of Research & Technology - Food BU and Director01960
Jeong-Ho ChoeSenior MD, Director of Research & Technology - Food BU, Inside Director and Director01960
Yeon-taek OhMD, Director of Finance - Food BU & Director01965
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Description

Founded in Seoul, South Korea, in 1956, Daesang Corporation operates globally, producing and distributing a wide array of food products and specialized ingredients. Its consumer-facing offerings include general foodstuffs like traditional bean pastes and seasonings, agro-fishery items such as vinegar and fish sauce, and fresh selections like Kimchi, tofu, western meals, deli items, and frozen foods. Beyond the consumer market, Daesang is a significant supplier of food ingredients; this includes various starches used in food, paper, textile, and construction industries, along with sweeteners critical for alcoholic beverages, confectionery, baking, and other drink sectors. The company also develops advanced bio ingredients, such as flavor enhancers, amino acids, and microalgae-based products, which are vital for food, dietary supplements, functional foods, animal nutrition, pet food, and pharmaceutical applications. Its Miwon brand bio ingredients are exported to approximately 80 countries worldwide. Additionally, Daesang is actively involved in the food distribution business.

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