According to regulatory filings released Friday, net profit for the April to June period came to 33.2 billion won ($23.4 million).
Revenue rose 4.6 percent to 943.8 billion won and operating profit edged up 0.3 percent to 45.3 billion won, but the operating margin slipped 0.2 percentage point to 4.8 percent.
Overseas sales jumped 15.1 percent to 110.6 billion won, lifting their share of the total to 11.7 percent.
"Domestic sales grew, led by our instant rice and cup noodle lines, and exports also increased," said an Ottogi spokesperson, pointing to the drivers behind the quarter's top-line gains.
For the first half, operating profit rose 2.0 percent to 104.6 billion won as revenue climbed 4.2 percent to 1.9 trillion won and net profit gained 1.3 percent to 68.3 billion won.
Overseas sales for the six months grew 12.3 percent to 220.5 billion won, while the operating margin eased 0.1 percentage point to 5.5 percent.
Shares of Ottogi closed at 337,000 won per stock, up 3.22 percent from the day before.
AJP Takeaways
• Ottogi's second-quarter net profit fell 2.7% despite a 4.6% rise in sales, showing that cost pressure — not weak demand — is the drag on earnings.
• Overseas sales jumped 15.1% in the quarter and now account for 11.7% of the total, signaling that exports, not the saturated domestic market, are driving growth.
• The operating margin slipped to 4.8%, a sign that Korean food makers may face tougher pricing and cost decisions in the second half.
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