Nongshim Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:11 am
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Nongshim Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KRW 13,268.32 million compared to KRW 7,537.78 million a year ago. Net income was KRW 28,394.28 million compared to KRW 25,432.15 million a year ago. Basic earnings per share from continuing operations was KRW 4,910 compared to KRW 4,398 a year ago. Diluted earnings per share from continuing operations was KRW 4,910 compared to KRW 4,398 a year ago. Basic earnings per share was KRW 4,910 compared to KRW 4,398 a year ago.
For the nine months, sales was KRW 37,829.28 million compared to KRW 25,554.64 million a year ago. Net income was KRW 89,107.41 million compared to KRW 72,656.05 million a year ago. Basic earnings per share from continuing operations was KRW 15,410 compared to KRW 12,565 a year ago. Diluted earnings per share from continuing operations was KRW 15,410 compared to KRW 12,565 a year ago. Basic earnings per share was KRW 15,410 compared to KRW 12,565 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. 
