Nongshim Co., Ltd.

A004370

KR7004370003

Food Processing

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-05-12 pm EDT			5-day change	1st Jan Change
424,000 ^KRW	+5.34%		+5.87%	+4.18%

2023	Nongshim Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI
2023	Nongshim's Net Profit Jumps in Q2	MT

NongShim Co. Ltd. agreed to acquire 95.42% stake in Yanbian Nongshim Mineral Drink Company Limited from Nongshim Baeksansoo CO., Ltd for approximately KRW 190 billion.

November 25, 2015

NongShim Co. Ltd. (KOSE:A004370) agreed to acquire 95.42% stake in Yanbian Nongshim Mineral Drink Company Limited from Nongshim Baeksansoo CO., Ltd for approximately KRW 190 billion on November 26, 2015. Yanbian Nongshim Mineral Drink Company Limited reported total assets of KRW 164.94 billion, total capital of KRW 144.36 billion, sales of KRW 20.85 billion and net loss of KRW 1.47 billion as of December 31, 2014.

The Board of NongShim Co. Ltd. resolved the deal on November 26, 2015. The deal is expected to close by December 21, 2015.

Latest news about Nongshim Co., Ltd.

Nongshim Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Nongshim's Net Profit Jumps in Q2	23-08-14	MT
Nongshim Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-10	CI
Nongshim Sets Goal to Triple Ramyeon Sales in the US by 2030	23-07-14	MT
Nongshim Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
South Korean Instant Noodles' Overseas Sales Surpass 2.1 Trillion Won for First Time in 2022	23-01-23	MT
South Korean Snacks See 20% Price Jump in November	22-12-27	MT
Nongshim Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-13	CI
South Korean Indexes Decline after Three-Day Winning Streak ahead of US Fed’s July Minutes Release; Nongshim Loses 4%	22-08-17	MT
Nongshim's Q2 Net Profit Jumps 53.4% on Instant Noodle Sales	22-08-16	MT
Nongshim Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-15	CI
Nongshim Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-16	CI
Nongshim to Launch Second Factory in the US; Plans to Double US Sales by 2025	22-03-21	MT
Nongshim Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-16	CI
Nongshim Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-15	CI
Big business drives South Korean esports craze	21-10-28	RE
Future Kitchen announced that it has received funding from #Hashed, Nongshim Co., Ltd., Nong Shim Engineering Co. Ltd., Stonebridge Ventures Inc.	21-06-28	CI
Market Chatter: Nongshim Chairman Dies; Eldest Son Seen as Likely Successor	21-03-30	MT
Nongshim Co., Ltd. Reports Earnings Results for the First Six Months Ended June 30, 2016	16-08-26	CI
NongShim Co. Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the First Quarter of 2016	16-05-15	CI
NongShim Co. Ltd. completed the acquisition of 95.42% stake in Yanbian Nongshim Mineral Drink Company Limited from Nongshim Baeksansoo CO., Ltd.	15-12-30	CI
NongShim Co. Ltd. agreed to acquire 95.42% stake in Yanbian Nongshim Mineral Drink Company Limited from Nongshim Baeksansoo CO., Ltd for approximately KRW 190 billion.	15-11-25	CI
Nongshim Baeksansoo CO., Ltd announced that it has received KRW 39.9999854 billion in funding from Nongshim Co., Ltd.	15-05-12	CI
Nongshim Baeksansoo CO., Ltd announced that it expects to receive KRW 40 billion in funding.	15-04-22	CI
Nongshim Baeksansoo CO., Ltd announced that it has received KRW 40 billion in funding from NongShim Co. Ltd.	14-12-21	CI

Chart Nongshim Co., Ltd.

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Company Profile

Nongshim Co Ltd is a Korea-based company principally engaged in the manufacture and sale of instant noodles. The Companyâs products consist of instant noodles in the forms of packs, cups and bowls under brand names of shinramyun, ansung tang myun, chapagetti, neoguri and others; snacks, including shrimp crackers, honey twist snacks, cuttlefish snacks, onion rings, potato chips, sweet potato chips, pizza snacks and others; instant rice series, as well as beverages, such as fruit drinks, carbonated drinks, coffee and bottle water, and other food products. The Company distributes its products in domestic and overseas markets.

Sector

Food Processing

Calendar

2024-08-12 - Q2 2024 Earnings Release (Projected)

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Ratings for Nongshim Co., Ltd.

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

424,000 KRW

Average target price

544,615 KRW

Spread / Average Target

+28.45%

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Sector Ready-Made Meals

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Ready-Made Meals

Nongshim Co., Ltd.

Equities

A004370

KR7004370003

Food Processing

NongShim Co. Ltd. agreed to acquire 95.42% stake in Yanbian Nongshim Mineral Drink Company Limited from Nongshim Baeksansoo CO., Ltd for approximately KRW 190 billion.

EPS Revisions