Maeil Dairies has announced that its management strategy for this year will focus on risk management and protecting profitability, while strengthening its growth strategy centered around premium products.
At the annual general shareholders’ meeting held on the 28th in Jongno-gu, Seoul, CEO Lee In-Ki stated, “Despite challenges such as continued cost increases, low birth rates, and a sluggish domestic market, we have focused our efforts on premium white milk and fermented milk products.”
He added, “We diversified our portfolio with plant-based beverages such as soy, almond, and oat drinks, as well as nutrition products including Selex and Mediwell, achieving approximately 1.6% year-on-year growth in sales last year.”
In 2024, Maeil Dairies recorded consolidated sales of KRW 1.8114 trillion and an operating profit of KRW 70.3 billion. While sales rose by 1.6% compared to the previous year, operating profit declined by 2.6%, highlighting the growing importance of protecting profitability.
CEO Lee emphasized, “The economic growth forecast for 2025 is expected to be lower than initially projected, and the likelihood of a prolonged low-growth trend is high. This year, we will be more thorough in managing risks and defending profitability.”
Meanwhile, during the shareholders’ meeting, all agenda items including the approval of financial statements, appointment of internal directors, approval of director compensation limits, and partial amendments to the articles of incorporation—were passed as proposed.
Notably, Vice Chairwoman and Co-CEO Kim Sun-Hee was reappointed as an internal director, ensuring continuity in the company’s leadership.
Maeil Dairies Strengthens Premium Strategy, Focuses on Profitability and Risk Management - 스페셜경제
Maeil Dairies has announced that its management strategy for this year will focus on risk management and protecting profitability, while strengthening its growth strategy centered around premium pr...
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