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Nongshim Co (004370) investor relations material
Nongshim Co Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Consolidated sales rose 1.6% year-over-year to KRW 1,761bn in 1H 2025, with domestic sales up 0.4% and overseas sales up 4.7%.
Noodle sales grew due to price increases and new products, while beverage sales declined sharply.
Overseas growth was led by Japan and Vietnam, with partial sales from a new European subsidiary.
Financial highlights
Gross profit decreased to KRW 497bn from KRW 500bn year-over-year, reflecting higher costs.
Operating profit fell to KRW 96bn from KRW 105bn, and net profit dropped to KRW 89bn from KRW 96bn.
SG&A expenses increased slightly to KRW 401bn, with labor costs rising to KRW 101bn.
Finance income rose significantly to KRW 312bn from KRW 22bn.
Outlook and guidance
Management notes a market slump offsetting Q2 price hikes, with demand slowing and cost pressures persisting.
Forward-looking statements are subject to risks and uncertainties that may impact actual results.
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