
Meatbox Global, a livestock products distribution platform, announced that it recorded consolidated sales of KRW 135.6 billion, operating profit of KRW 2.9 billion, and net profit of KRW 1.7 billion in 2025 through a disclosure of 'changes of more than 30% in sales or profit and loss structure.'
Meatbox Global achieved its highest quarterly performance in the fourth quarter, following its third quarter performance. Sales for 2025 increased approximately 23% year-over-year. Operating profit, while slightly down year-over-year due to temporary investment costs in the first half of the year, recovered in the fourth quarter, reaching a quarterly high of KRW 2 billion.
Domestic livestock product consumption tends to increase in the second half of the year, and overall transaction volume expanded in the second half of 2025, fueled by a recovery in consumer sentiment. Consequently, livestock product prices rose, contributing significantly to sales growth. Furthermore, the stabilization of business operations eased the burden of fixed costs, positively impacting profitability.
Livestock product prices remained high even after Chuseok, leading to an overall improvement in the trading environment. The company explained that structural factors, such as diversified sales channels and improved operational efficiency, were reflected in its performance.
Meatbox Global forecasted that livestock product prices will remain volatile, centered around high levels, for the foreseeable future, considering the global supply and demand environment and the supply-demand dynamics. Furthermore, the company anticipates that tariffs on US beef will be eliminated to 0% in 2026 and tariffs on Australian beef will be reduced by 2.7 percentage points, creating a positive business environment for cost reductions and product competitiveness.
A company official stated that the company is continuing its performance improvement trend by stabilizing platform operations and expanding its new service "Yukmart" targeting small restaurants, and that it plans to strengthen its mid- to long-term growth foundation centered on AI-based services and new businesses in the future.
- See more related articles
You must be logged in to post a comment.