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Nissin Foods' controlling shareholder reports unaudited fiscal results

May 12, 2025 at 07:17 AM UTCBy FilingReader AI

Nissin Foods Company (HKEX: 1475) has announced the unaudited financial results of its controlling shareholder, Nissin Foods Holdings Co., Ltd., for the fiscal year ended March 31, 2025. In the China segment, net sales to third parties increased to JPY73,474 million, up from JPY66,452 million in the previous year. Total net sales, including intersegment sales, reached JPY76,819 million, compared to JPY69,474 million in 2024. However, segment income decreased to JPY5,906 million from JPY8,129 million. The company attributed revenue growth to expanded sales channels and acquisitions, while operating profit was impacted by increased raw material costs and impairment losses. The company cautions investors against undue reliance on forward-looking information within the announcement. The audited results for Nissin Foods Company for the year ending 31 December 2024 shows revenue of HKD3,811,864 '000, gross profit of HKD1,312,114 '000 and profit for the year of HKD207,461 '000

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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