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…
