Nongshim Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 09:02 pm EDT
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Nongshim Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 12,205.71 million compared to KRW 12,991.59 million a year ago. Net income was KRW 44,950.8 million compared to KRW 27,674.16 million a year ago. Basic earnings per share from continuing operations was KRW 7,773 compared to KRW 4,786 a year ago. Diluted earnings per share from continuing operations was KRW 7,773 compared to KRW 4,786 a year ago. Basic earnings per share was KRW 7,773 compared to KRW 4,786 a year ago.
For the six months, sales was KRW 26,806.51 million compared to KRW 24,560.96 million a year ago. Net income was KRW 99,350.87 million compared to KRW 60,713.13 million a year ago. Basic earnings per share from continuing operations was KRW 17,181 compared to KRW 10,499 a year ago. Diluted earnings per share from continuing operations was KRW 17,181 compared to KRW 10,499 a year ago. Basic earnings per share was KRW 17,181 compared to KRW 10,499 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. 
