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Nissin Foods Announces 2025 Q1 Financial Results

Mon, 12 May 2025 23:47:00 -0400

HONG KONG, May 13, 2025 - (JCN Newswire) - - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2025 (the "Reporting Period").

The Group reported revenue of HK$1,071.9 million for the Reporting Period, representing an increase of 11.3% from HK$963.0 million of the corresponding period of 2024. Gross profit increased by 8.5% year-on-year to HK$376.1 million, driven by a growth in sales volume. The gross profit margin was 35.1%. Profit attributable to owners of the

Nissin Foods Announces 2025 Q1 Financial Results

Mon, 12 May 2025 23:47:00 -0400

Nissin Foods Announces 2025 Q1 Financial Results

Mon, 12 May 2025 23:47:00 -0400

Nissin Foods Enters into JV Agreement with Nissin Asia

Mon, 11 Nov 2024 02:12:00 -0400

HONG KONG, Nov 11, 2024 - (ACN Newswire) - - Nissin Foods Company Limited ("Nissin Foods", together with its subsidiaries, the "Group"; Stock code: 1475) is pleased to announce that the Group and Nissin Asia have entered into a joint venture agreement (the "JV Agreement") which provides for the formation of a joint venture company (the "JV Company"). The JV Company, named Australia Nissin Foods Pty., Ltd., will be owned 51% by the Group and 49% by Nissin Asia upon its incorporation.

The Group will contribute AUD1,020,000 (equivalent to approximately HK$5,232,600) in cash to the share capital of the

Nissin Foods Enters into JV Agreement with Nissin Asia

Mon, 11 Nov 2024 02:12:00 -0400

The Group will contribute AUD1,020,000 (equivalent to approximately HK$5,232,600) in cash to the share capital of the

Nissin Foods Enters into JV Agreement with Nissin Asia

Mon, 11 Nov 2024 02:12:00 -0400

The Group will contribute AUD1,020,000 (equivalent to approximately HK$5,232,600) in cash to the share capital of the

Nissin Foods Announces 2024 Q3 Financial Results

Sun, 10 Nov 2024 23:39:00 -0400

HONG KONG, Nov 11, 2024 - (ACN Newswire) - - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited third-quarter financial results for the nine months ended 30 September 2024 (the "Reporting Period").

The Group recorded revenue of HK$2,862.2 million for the Reporting Period, compared with HK$2,956.0 million for the corresponding period of 2023. The Group's revenue slightly increased by 1.3% year-on-year from July to September, mainly due to the sales expansion of certain cup-type instant noodles in Mainland China. The consolidated gross profit for the Reporting

Nissin Foods Announces 2024 Q3 Financial Results

Sun, 10 Nov 2024 23:39:00 -0400

Nissin Foods Announces 2024 Q3 Financial Results

Sun, 10 Nov 2024 23:39:00 -0400

Nissin Foods Acquires Australia Frozen Food Manufacturer ABC Pastry

Fri, 27 Sep 2024 08:48:00 -0400

HONG KONG, Sept 27, 2024 - (ACN Newswire) - - Nissin Foods Company Limited ("Nissin Foods", together with its subsidiaries, the"Group"; Stock code: 1475) is pleased to announce that the Group, as the purchaser, entered into the Share Sale and Purchase Agreement with the Sellers and the Sellers' Guarantors (the "Acquisition"). This agreement relates to the Acquisition of 100% of the issued share capital in ABC Pastry, a leading manufacturer of frozen dumplings which are either company branded (i.e. ABC Pastry) or third party branded in Australia.

The consideration for the Acquisition is AU$33.7million (equivalent to approximately HK$178.6

Nissin Foods Acquires Australia Frozen Food Manufacturer ABC Pastry

Fri, 27 Sep 2024 08:48:00 -0400

The consideration for the Acquisition is AU$33.7million (equivalent to approximately HK$178.6

Nissin Foods Acquires Australia Frozen Food Manufacturer ABC Pastry

Fri, 27 Sep 2024 08:48:00 -0400

The consideration for the Acquisition is AU$33.7million (equivalent to approximately HK$178.6

Nissin Foods Announces 2024 Interim Results

Wed, 28 Aug 2024 03:58:00 -0400

HONG KONG, Aug 28, 2024 - (ACN Newswire) - - HONG KONG, Aug 28, 2024 - (ACN Newswire) - Nissin Foods Company Limited ('Nissin Foods' or the 'Company', together with its subsidiaries, the 'Group'; Stock code: 1475) has announced its interim results today for the year ended 30 June 2024.

The Group recorded revenue at HK$1,822.5 million. Gross profit was HK$637.5 million, with gross profit margin increased by 0.9 percentage points to 35.0% in 2024 from 34.1% in 2023. The increase in gross profit margin was mainly attributable to the easing of key raw material costs.

Profit attributable to owners of

Nissin Foods Announces 2024 Interim Results

Wed, 28 Aug 2024 03:58:00 -0400

Profit attributable to owners of

Nissin Foods Announces 2024 Interim Results

Wed, 28 Aug 2024 03:58:00 -0400

Profit attributable to owners of

Nissin Foods Becomes a Constituent of MSCI Global Micro Cap Index (MSCI Hong Kong Index)

Wed, 14 Aug 2024 04:14:00 -0400

HONG KONG, Aug 14, 2024 - (ACN Newswire) - - Nissin Foods Company Limited ('Nissin Foods' or the 'Company', together with its subsidiaries, the 'Group'; Stock code: 1475) is pleased to announce that the Company is selected as a constituent to the MSCI Global Micro Cap Index (MSCI Hong Kong Micro Cap Index), with effect from the market close of 30 August 2024 (Friday).

Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "We are confident that the Group's inclusion in the MSCI Hong Kong Micro Cap Index reflects the capital market's appreciation of our

Nissin Foods Becomes a Constituent of MSCI Global Micro Cap Index (MSCI Hong Kong Index)

Wed, 14 Aug 2024 04:14:00 -0400

Nissin Foods Becomes a Constituent of MSCI Global Micro Cap Index (MSCI Hong Kong Index)

Wed, 14 Aug 2024 04:14:00 -0400