Nongshim (004370) Q4 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2024 earnings summary
5 Jun, 2025Executive summary
Revenue grew 0.8% year-over-year to KRW 3,439bn, with domestic sales up 2.0% and overseas sales down 2.1%.
Gross profit margin declined to 28.1% from 30.4% due to higher material costs.
Operating profit fell 23% year-over-year to KRW 163bn, and net profit decreased 7.6% to KRW 158bn.
Financial highlights
Consolidated assets increased to KRW 3,597bn, and equity rose to KRW 2,673bn.
SG&A expenses decreased, notably advertising costs dropping from KRW 163bn to KRW 107bn.
Non-consolidated sales rose 4.9% year-over-year, led by strong export and import growth in the 'Others' segment.
Outlook and guidance
Forward-looking statements note risks and uncertainties that may impact actual results.
Partial view of Summaries dataset, powered by Quartr API
Latest events from Nongshim
- Sales and profits rose year-over-year, led by overseas growth and core domestic brands.004370
Q4 202522 Mar 2026 - Overseas growth and margin gains drove higher Q3 profits despite domestic softness.004370Q3 202523 Nov 2025
- Sales rose 1.6% year-over-year, but profit margins narrowed amid rising costs and market headwinds.004370Q2 202524 Aug 2025
- Sales and profit declined in Q3 2024, but export and overseas expansion initiatives accelerated.004370Q3 202413 Jun 2025
- Sales up 2.1% year-over-year, but margins and profits declined amid cost pressures.004370Q2 202413 Jun 2025
- Sales rose 2.3% year-over-year, driven by overseas growth despite margin pressure.004370Q1 20256 Jun 2025