Nongshim Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 01:00 am EST
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Nongshim Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 7,537.78 million compared to KRW 8,483.61 million a year ago. Net income was KRW 25,432.15 million compared to KRW 29,477.12 million a year ago. Basic earnings per share from continuing operations was KRW 4,398 compared to KRW 5,098 a year ago. Diluted earnings per share from continuing operations was KRW 4,398 compared to KRW 5,098 a year ago. Basic earnings per share was KRW 4,398 compared to KRW 5,098 a year ago.
For the nine months, sales was KRW 25,554.64 million compared to KRW 25,089.4 million a year ago. Net income was KRW 72,656.05 million compared to KRW 114,427.76 million a year ago. Basic earnings per share from continuing operations was KRW 12,565 compared to KRW 19,788 a year ago. Diluted earnings per share from continuing operations was KRW 12,565 compared to KRW 19,788 a year ago. Basic earnings per share was KRW 12,565 compared to KRW 19,788 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. 
