The latest update is out from Nissin Foods Co., Ltd. ( (HK:1475) ).
Nissin Foods Co., Ltd. announced its unaudited financial results for the fiscal year ending March 31, 2025, highlighting a growth in net sales driven by the expansion of sales channels and strategic acquisitions. Despite facing challenges such as increased raw material costs and impairment losses, the company reported an increase in core operating profit due to higher sales volumes of instant noodles and contributions from newly acquired subsidiaries.
More about Nissin Foods Co., Ltd.
Nissin Foods Co., Ltd. operates in the food industry, primarily focusing on the production and distribution of instant noodles. The company is known for its CUP NOODLES brand and has a significant market presence in various regions, including China and Hong Kong. It also engages in the sale of non-instant noodle products and has expanded its operations through acquisitions in Korea and Australia.
Average Trading Volume: 670,411
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.1B
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