Tag: Nissin

Nissin Foods Company Limited (“Nissin Foods”, and together with its subsidiaries, the “Group”; Stock code: 1475) today announced the launch of the Nissin Foods Orange Tennis Community Programme (Tai Po) by Nissin Foods (Hong Kong) Charity Fund (“Charity Fund”) and The Hong Kong Tennis Association (“HKTA”), offering regular weekly trainings for young players to promote healthy living. Mr. Kiyotaka ANDO, Chairman of the Advisory Committee of the Charity Fund (middle), Mr. Philip Mok, HKTA President (left) & Ms. ZHANG Ling, Nissin Foods Sports Ambassador join the kids for a group photo after the Kick-off Ceremony. The programme marks the first ... Read more

Nissin Foods Company Limited (“Nissin Foods” or the “Company”, and together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited first quarter financial information for the three months ended 31 March 2022 (“the Reporting Period”). The Group’s revenue increased by 10.1% year-on-year (“YoY”) from HK$964.5 million to HK$1,061.8 million. Gross profit grew 7.4% YoY to HK$332.8 million (2021: HK$309.9 million). Gross profit margin was 31.3% (2021: 32.1%), mainly a result of the increased prices of raw materials and other production costs. Profit attributable to owners of the Company was HK$90.3 million (2021: HK$93.2 million). Revenue from Hong ... Read more

Nissin Foods Company Limited (“Nissin Foods”, and together with its subsidiaries, the “Group”; Stock code: 1475) will adjust the ex-factory price of its key instant noodle products in Mainland China, effective 1 March 2022. The most recent price adjustments by Nissin Foods on its instant noodles in Mainland China was over a decade ago in 2011. As a leading food manufacturer, the Group has been devoted to enhancing the taste and quality of its products while also ensuring a stable supply of quality instant noodles at reasonable prices for the past 11 years. In face of the increasing cost pressures ... Read more

Nissin Foods Company Limited (“Nissin Foods” or the “Company”, and together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited 2021 first quarter financial information for the three months ended 31 March 2021 (“the Reporting Period”). The Group’s revenue amounted to HK$964.5 million, representing a year-on-year (“YoY”) increase of 9.0% from HK$884.6 million. Gross profit increased by 9.1% YoY to HK$309.9 million (2020: HK$284.2 million), while gross profit margin was maintained at 32.1%, due mainly to the increase in sales in the PRC which offsetted the increase in price of raw materials and other production costs. Profit ... Read more