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.

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