SEOUL, Nov. 21 (Korea Bizwire) — A growing number of employees are flocking to company cafeterias to minimize spending on food.
South Korean food service company Ourhome Ltd.’s October sales for office cafeterias in Seoul jumped by 34.7 percent from last year.
Sales at company cafeterias in business districts like Gangnam and Yeouido, in particular, jumped by 58.5 percent and 28.4 percent, respectively.
Office cafeterias run by CJ Freshway Corp., a food distribution and catering affiliate of CJ Group, also saw sales grow by 46 percent in October and by 36 percent in September compared to last year.
This trend is also being reflected in quarterly sales. CJ Freshway’s cafeteria sales for the third quarter of this year set a new record of 163.1 billion won (US$120 million), which was 39.2 percent higher than last year.
Meanwhile, Hyundai Green Food Co.’s third-quarter sales reached 205.1 billion won, an increase of 17.2 percent from last year. Operating profits reached 4.1 billion won, up 259.4 percent from last year.
Image Credit: Yonhap / CJ Freshway Corp. / photonews@koreabizwire.com
