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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Nongshim
Nongshim (004370) investor relations material
Nongshim Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Aug, 2026
Executive summary
Achieved consolidated revenue of KRW 1,890.1 billion for H1 2026, down from KRW 3,514.3 billion in FY2025, reflecting seasonality and market trends.
Operating income for H1 2026 was KRW 126.7 billion, a decrease from KRW 183.9 billion in H1 2025.
Net profit attributable to owners was KRW 115.3 billion, compared to KRW 170.1 billion in H1 2025.
Maintained strong market share in core segments: 55.4% in domestic ramen and 32.5% in snacks for H1 2026.
Continued global expansion with new subsidiaries in Russia and Europe, and ongoing investments in R&D and smart farming.
Financial highlights
Consolidated revenue for H1 2026: KRW 1,890.1 billion; operating income: KRW 126.7 billion; net profit: KRW 115.3 billion.
Gross margin for H1 2026: 69.6% (KRW 1,314.9 billion gross profit on KRW 1,890.1 billion sales).
Basic EPS for H1 2026: KRW 19,776; diluted EPS: KRW 19,140.
Debt ratio at end of H1 2026: 36.9%, up from 35.0% at FY2025.
Cash and cash equivalents at H1 2026: KRW 2,065.7 billion.
Outlook and guidance
Focus on qualitative growth in domestic markets through premiumization and new product launches.
Aggressive overseas expansion, especially in the US, China, Europe, and Russia.
Continued investment in R&D, smart farming, and ESG initiatives.
Dividend policy targets a payout ratio of 25% of separate net income, with a minimum of KRW 5,000 per share.
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Latest events from Nongshim
- Q1 sales and net profit increased, led by strong overseas and domestic growth.004370
Q1 2026 - Sales and profits rose year-over-year, led by overseas growth and core domestic brands.004370Q4 2025
- Profitability rose on margin gains and overseas growth, despite lower sales.004370Q3 2025
- Sales rose 1.6% year-over-year, but profits fell as costs increased and global expansion accelerated.004370Q2 2025
- Sales and profit fell, but global expansion and liquidity initiatives accelerated.004370Q3 2024
- Sales up 2.1% year-over-year, but operating profit and margins declined amid cost pressures.004370Q2 2024
- Q1 2025 revenue rose 2.3% YoY to KRW 893bn, led by overseas growth and new business initiatives.004370Q1 2025
- Profitability declined despite modest revenue growth, with overseas sales mixed by region.004370Q4 2024
Next Nongshim earnings date
Q3 202613 Nov, 2026
Nongshim
Next Nongshim earnings date
Q3 202613 Nov, 2026
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Frequently asked questions
Nongshim Co., Ltd. is a South Korean multinational food and beverage company known for its wide range of products, including instant noodles, snacks, and bottled water. Founded in 1965, Nongshim has established itself as a prominent manufacturer in the food industry, offering a variety of instant noodles, such as the widely recognized Shin Ramyun, and snacks like shrimp crackers and onion rings. The company has also ventured into beverages, producing fruit and vegetable juices and tea drinks through collaborations with global brands. The company is headquartered in Seoul, South Korea, and its shares are listed on the Korea Exchange.