Nongshim Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 09:00 pm EDT
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Nongshim Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 12,991.59 million compared to KRW 8,746.23 million a year ago. Net income was KRW 27,674.16 million compared to KRW 18,221.41 million a year ago. Basic earnings per share from continuing operations was KRW 4,786 compared to KRW 3,151 a year ago. Diluted earnings per share from continuing operations was KRW 4,786 compared to KRW 3,151 a year ago. Basic earnings per share was KRW 4,786 compared to KRW 3,151 a year ago.
For the six months, sales was KRW 24,560.96 million compared to KRW 18,016.86 million a year ago. Net income was KRW 60,713.13 million compared to KRW 47,223.91 million a year ago. Basic earnings per share from continuing operations was KRW 10,499 compared to KRW 8,167 a year ago. Diluted earnings per share from continuing operations was KRW 10,499 compared to KRW 8,167 a year ago. Basic earnings per share was KRW 10,499 compared to KRW 8,167 a year ago.
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.
NONGSHIM CO., LTD. 
