According to regulatory filings, the maker of Shin Ramyun instant noodles posted an operating profit of 49.7 billion won ($37.2 million) for the July to September period, down from 54.4 billion won a year earlier.
Its operating margin narrowed to 5.3 percent from 6.2 percent.
Revenue rose 6.7 percent to 929.6 billion won.
Net profit fell 41.3 percent to 29.7 billion won, and net profit attributable to parent-company shareholders also dropped 41.3 percent to 29.7 billion won.
Nongshim said the domestic business carried most of the cost burden, pointing to higher prices for palm oil and other raw materials, as well as ocean freight and energy costs tied to exports.
Cost of sales rose 7.4 percent and selling and administrative expenses rose 8.7 percent, both faster than revenue.
Palm oil futures in Kuala Lumpur averaged $1,174 per ton in the first nine months of 2026, compared with an average of $1,043 for 2025, according to the filing.
Bigger foreign exchange losses drove most of the fall in net profit. Losses on currency transactions rose to 13.4 billion won in the quarter from 1.9 billion won a year earlier, and total finance costs rose to 19.1 billion won from 2.4 billion won.
Overseas units did better, in the first nine months, operating profit at the US unit more than doubled to 44.5 billion won from 20.3 billion won. Revenue in the US rose 11.8 percent to 427.3 billion won.
Operating profit in China rose 37.2 percent to 15.8 billion won.
Shares of Nongshim traded at 365,500 won per stock as of 3:10 p.m., 4.69 percent lower than the day before.
Kim Dong-young
Kim Dong-young is a bilingual journalist at AJU Press (AJP), covering Korean tech, energy, and bio/pharma.
He reports from the field at events like CES and APEC, runs AJP's YouTube channels,
and is pursuing a master's at Sogang's MOT program.
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