Yonhap Infomax NewsNongshim Co. is forecast to post a 56% surge in Q4 operating profit, as strong overseas sales offset higher global marketing costs, with analysts expecting continued momentum under new CEO Yong Chul Cho.
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Despite SG&A Pressure, Overseas Markets Drive Strong Performance—Nongshim Forecasts 56% Jump in Q4 Operating Profit
Nongshim Co. is forecast to post a 56% surge in Q4 operating profit, as strong overseas sales offset higher global marketing costs, with analysts expecting continued momentum under new CEO Yong Chul Cho.