Nongshim promotes Shin Ramyun as Nongshim stock sits 16.65 percent below high

Published on 10/01/2026 at 22:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A Mexico expo featured Shin Ramyun on September 27, 2026. For Nongshim stock this means KRW 956 billion revenue in Q2 2026, up 10.2 percent.

Nongshim, KR7004370003, Illustration mit AI erstellt.

Nongshim (KR7004370003) promoted Shin Ramyun at a Korean Wave expo in Mexico on September 27, 2026, and said it is expanding distribution across Latin America, as Seoul Economic Daily reported. Nongshim stock stands 16.65 percent below its 52-week high, based on the October 1, 2026 market snapshot.

Q2 revenue reached KRW 956 billion

ATS View reported on September 30, 2026, that Nongshim generated KRW 956 billion in revenue in the second quarter of 2026, up 10.2 percent from the same quarter a year earlier. Operating profit reached KRW 59.3 billion, equal to a 6.2 percent margin, while net income was KRW 54.7 billion.

The revenue comparison is the clearest operating signal in the latest figures. Profitability also improved on the year-earlier base, although the 6.2 percent operating margin remains much lower than the growth rates in overseas sales that management is targeting.

Hana keeps KRW 540,000 target

Hana Securities maintained a Buy rating and a KRW 540,000.00 target on September 8, 2026, according to MK. Against the KRW 400,500.00 KRX price, the target lies 34.83 percent above the share price.

Hana estimated third-quarter 2026 consolidated sales at KRW 935.4 billion and operating profit at KRW 60.7 billion, representing year-over-year increases of 7.4 percent and 11.6 percent. The research also pointed to stronger U.S. distribution and a new export plant expected to begin production at the end of October.

Stock remains below yearly high

Nongshim was last at KRW 400,500.00 on the KRX on October 1, 2026, at 3:30 p.m. KST. Its 52-week range was KRW 319,000.00 to KRW 480,500.00, leaving the price 16.65 percent below the high, while market capitalization stood at KRW 2.3 trillion.

Global Banking and Finance identifies Nongshim as 004370.KS on the KRX under ISIN KR7004370003. The combination of double-digit quarterly revenue growth and a stock price well below its annual high leaves overseas execution as the key measurable theme for the next results update.