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…
BRIEF: Yum China among bidders for KFC, Pizza Hut operator in Hong Kong, Taiwan
Restaurant operator Yum China Holdings Inc. (YUMC.US; 9987.HK) and private equity giant Carlyle Group (CG.US) are among the parties interested in buying Jardine Matheson’s (JARD.SI) restaurant unit, which runs the…
China’s prepackaged coffee drink market enters new era of quality
The country’s ready-to-drink coffee market has grown rapidly in recent years, transforming from a simple pick-me-up product into a lifestyle statement LeadLeo Research Institute China’s ready-to-drink (RTD) packaged coffee…
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 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…
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%…
Recent Articles
RELATED ARTICLES
-
‘Plum king’ sweetens fourth IPO bid with new products, price cuts
- OneRobotics powers ahead on top line, but falls just short of profits
- PDD trades rock-bottom prices for sustainability as old growth engine stalls
-
JBM Healthcare gets bitter pill from investors on anemic performance
2161.HK
- Fengyi IPO tests AI’s ability to fix China’s unmanned retail problem
- Sa Sa spruces up sales but will it be just a cosmetic lift?
- ATRenew revenue growth accelerates as it notches record profit
