Nongshim Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:27 am EST
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Nongshim Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 10,054.13 million compared to KRW 13,268.32 million a year ago. Net income was KRW 50,051.33 million compared to KRW 28,394.28 million a year ago. Basic earnings per share from continuing operations was KRW 8,655 compared to KRW 4,910 a year ago. Basic earnings per share was KRW 8,655 compared to KRW 4,910 a year ago.
For the nine months, sales was KRW 36,860.63 million compared to KRW 37,829.28 million a year ago. Net income was KRW 149,402.2 million compared to KRW 89,107.41 million a year ago. Basic earnings per share from continuing operations was KRW 25,836 compared to KRW 15,410 a year ago. Basic earnings per share was KRW 25,836 compared to KRW 15,410 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. 
