Nongshim Co Ltd - Company Profile
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Nongshim Co Ltd (Nongshim) is a manufacturer and seller of food products and beverages. The company’s product portfolio includes instant noodles and snacks such as shrimp crackers, noodle soup, onion rings, sweet potato snacks, honey twist snacks, bottled water, and potato chips. It also offers carbonated drinks, vegetable and fruit juices, and tea drinks through collaborations with global brands. The company markets its products under Shin Ramyun, Ansungtangmyun, Neoguri, Chapagetti, Pawn Snack, Honey Twist, and Udon Noodle Soup brand names in China, the US, Canada, Japan, Australia, and Vietnam. It operates and manages plants, R&D centers, and offices in South Korea, the US, China, and Japan. Nongshim is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
112, Yeouidaebang-Ro, Dongjak-Gu, Seoul, 07057
Website
eng.nongshim.com
Telephone
82 2 8207114
No of Employees
5,009
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
004370 (KRX)
Revenue (2022)
$2.6B
9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
48%
(2022 vs 2021)
Market Cap*
$1.8B
Net Profit Margin (2022)
XYZ
35.9%
(2022 vs 2021)
* As of and is in US$
Nongshim Co Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Instant Noodles | Shin Ramyun |
| Beverage and Coffee | Shin Ramyun Black |
| Instant Rice | Tray Doongji Cold Noodle |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the company introduced two types of Chupa Chups Milk Soda Zero and three types of Mentos Sparkling Water. |
| 2024 | New Products/Services | In March, Noodle Fit introduced Noodle Fit Yukgaejang Bowl Ramen Flavor and Noodle Fit Kimchi Bowl Ramen Flavor. |
| 2023 | Contracts/Agreements | In December, Nongshim’s Shin Ramyun entered into a collaboration with Jay Fai to launch new instant noodle in Tom Yum flavor. |
Competitor Comparison
| Key Parameters | Nongshim Co Ltd | Campbell Soup Co | Uni-President China Holdings Ltd | Toyo Suisan Kaisha Ltd | Ottogi Corp Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | China | Japan | South Korea |
| City | Seoul | Camden | Shanghai | Minato-Ku | Anyang |
| State/Province | - | New Jersey | - | Tokyo | - |
| No. of Employees | 5,009 | 14,500 | 33,539 | 4,745 | 3,231 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joon Park | Chief Executive Officer | Senior Management | - | 74 |
| Du-Hwa Hong | Managing Director | Senior Management | - | 70 |
| Yeong-Jin Lee | Managing Director | Senior Management | - | 59 |
| Jae-Mun Ko | Managing Director | Senior Management | - | 69 |
| Seong-Ho Choi | Head - Marketing; Managing Director | Senior Management | - | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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