Muhak
무학 · 033920
Consumer Staples Food & Beverage · KOSPI
Market cap US$151.6M (₩209.2B)
Overview
Muhak makes soju, a clear, distilled Korean spirit, along with liqueurs, fruit wines, and other alcoholic beverages for consumers in South Korea and overseas markets.
Its products reach drinkers through a domestic branch network and a dedicated overseas sales team. Listed on KOSPI, South Korea's main stock exchange, the company's core business is alcoholic beverages, while a separate segment covers processed steel products, wine distribution, food service, and financial investment activities.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$106.2M
- FY2024US$110.2M
- FY2025US$104.2M
Operating profit
- FY2023US$11.7M
- FY2024US$12.2M
- FY2025US$7.4M
Net income
- FY2023US$47.4M
- FY2024US$35.1M
- FY2025US$36.5M
Key ratios (FY2025)
Why it matters
South Korea's liquor industry operates under strict government licensing rules that make new market entry difficult, creating a structurally concentrated competitive landscape.
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