Restructuring hits Want Want’s bottom line, as top line ekes out growth
The veteran food giant’s revenue began expanding again in its latest fiscal year, but channel reconstruction, new product promotions and rising costs depressed its profit Key Takeaways: Want Want's revenue…
Nissin seeks the right flavor mix to keep noodle sales rising
The Japanese instant noodle giant has reported solid earnings, but the pace has slowed in mainland China, where novelty and value for money are key factors Key Takeaways: Nissin revenues…
Shiyue Daotian serves up tasty dividends as profits surge
The pre-packaged rice supplier said its profit nearly doubled in the first half of the year as it increasingly focuses on premium products Key Takeaways： Shiyue Daotian said its adjusted…
Anjoy’s IPO advances in crowded field of food listings
A Hong Kong listing plan by the leading maker of frozen foods like fish balls has received a green light from China’s securities regulator Key Takeaways: The Chinese securities regulator…
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…
Nissin Foods looks ‘Down Under’ to escape China pressure cooker
The instant noodle maker said it will buy an Australian frozen dumpling maker for $23.3 million, as it looks to diversify beyond its China base Key Takeaways: Nissin Food is…
Weilong defies downbeat consumer market with its cheap spicy snacks
China’s leading maker of snacks typically costing less than $1 reported its revenue jumped 26% in the first half of the year, while its profit rose 39% Key Takeaways: Weilong…
