- Business
- Kyung Nong Corporation (KRX: 002100) specializes in the development, manufacturing and distribution of crop protection products and agricultural solutions in South Korea. Founded in 1957 and headquartered in Seoul, the company produces a comprehensive range of pesticides including insecticides, fungicides, herbicides and plant growth regulators in forms such as emulsive concentrates, wettable powders and granules; it also offers seeds, fertilizers, irrigation materials, natural beneficial insects, eco-friendly materials, freshness maintenance agents and smart farm solutions through subsidiaries like Chobi for fertilizers and Tongo for seeds. Operations focus primarily on the domestic market with over 3,000 distribution channels and strategic partnerships with global leaders including Syngenta, Bayer, BASF, DuPont, Sumitomo, Nissan Chemical and Nisso; the company maintains ISO 9001, 14001 and OHSAS 18001 certifications while emphasizing R&D for innovative products like direct tablet herbicides, microbial agents and plant virus preventives. In recent developments, Kyung Nong reported full-year 2024 sales of KRW 325.2 billion, down 6.4% from 2023 amid market pressures, with net income of KRW 17.2 billion and EPS of KRW 963; third-quarter 2025 earnings reflected ongoing quarterly fluctuations while the company advances sustainable agriculture initiatives and localization efforts for Southeast Asia and Europe.