Despite limp sales, Nissin tastes growing profits on falling costs, price hike
The instant noodle maker registered year-on-year profit growth in the third quarter thanks to price adjustments and falling raw material costs Key Takeaways: Nissin Foods’ revenue declined by nearly 3%…
1475.HK
Falling flour prices lift Nissin Foods as pandemic-related demand fades
Revenue for one of China’s top instant noodle makers fell 3.6% in the first quarter, even as its profit grew thanks to sharply lower material costs Key Takeaways: Nissin Foods’…
1475.HK
FAST NEWS: Nissin Foods Revenue Rises, But Raw Material Prices Weigh on Profit
The latest: Instant noodle maker Nissin Foods Co. Ltd. (1475.HK) said its net profit decreased by 3% to HK$90.31 million ($11.6 million) in the first quarter of this year, despite a 10% increase…
FAST NEWS: Nissin Foods’ Parent Profit Doubles in Its Fiscal Third-Quarter
The latest: Japan’s Nissin Foods Holdings Co. Ltd, the controlling shareholder of Hong Kong-listed Nissin Foods Co. Ltd. (1475.HK), Friday morning announced its fiscal third quarter results for the period…
