Nissin Foods Posts Steady Mid-Year Earnings
Company Announcements

Nissin Foods Posts Steady Mid-Year Earnings

Nissin Foods Co., Ltd. (HK:1475) has released an update.

Nissin Foods Company Limited reports a slight decrease in profit for the six months ending June 30, 2024, compared to the same period in 2023. Despite a reduction in revenue and gross profit, the company managed to maintain a relatively stable profitability with a total comprehensive income of HK$156,966,000 for the period. Earnings per share were marginally lower at 16.24 HK cents, down from 16.45 HK cents in the previous year.

For further insights into HK:1475 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!