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 serves up profit gains even as revenue declines
The instant noodle maker was hit by slowing consumption in Hong Kong and Mainland China, with downside factors likely to dampen its performance for the rest of the year Key…
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%…
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%…
CHINA BULLETIN: China Pumps Up Economy with Cash, But Nobody’s Borrowing
In this week’s issue China rediscovers Australian timber, Oppo ditches chip design and noodle maker Nissin finds savory flavor in falling flour prices. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
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’…
Nissin Foods Serves Up Investor Comfort Food in Cups of Noodles
The premium noodle maker returned to profit growth in the third quarter, following a decline in the first half of the year, as it raised prices and brought rising ingredient…
