Uni-President profit rises 9% in first half, as hidden worries linger
The food and drink maker’s bottom line growth in an increasingly competitive environment spotlights the company's durability Key Takeaways: Uni-President reported its profit for the first half of the year…
Nissin warns of steep profit slide but sees solid core business
The instant noodle maker has told investors to brace for a bitter taste in its next set of earnings, with one-off charges taking a big bite out of profits Key…
FAST NEWS: Nissin Foods chairman buys more shares
The latest: Kiyotaka Ando, chairman of Nissin Foods Co. Ltd. (1475.HK), purchased about 130,000 of the company’s shares on Sept. 28, raising his stake in the instant noodle pioneer from 1.98%…
FAST NEWS: Uni-President China posts record revenue, but profit drops
The latest: Food maker Uni-President China Holdings Ltd. (0220.HK) announced Wednesday its revenue rose 12% to a record 28.26 billion yuan ($4.05 billion) last year, though its net profit fell…
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…
One Man’s Loss Is Nissin Foods’ Gain in Hong Kong Outbreak
Nomura believes the instant noodle maker could be a big beneficiary as panic buying sweeps the Asian financial hub Key takeaways: Nomura says Nissin Foods is profiting from recent panic…