Cup noodle

Nissin Foods Announces 2023 Interim Results, Net Profit Increases by 6.4% to HK$171.7 Million

Retrieved on: 
Wednesday, August 30, 2023
Supermarket, Cup noodle, Acquisition, Collection, Nissin Foods, Restaurant, Coffee, Cup Noodles, Relaxation, Retail, Mainland China

Gross profit grew by 1.9% to HK$658.3 million, boosting gross profit margin by 2.7 percentage points to 34.1% in 2023 from 31.4% (restated) in 2022.

Key Points: 
  • Gross profit grew by 1.9% to HK$658.3 million, boosting gross profit margin by 2.7 percentage points to 34.1% in 2023 from 31.4% (restated) in 2022.
  • Profit attributable to owners of the Company increased by 6.4% year-on-year to HK$171.7 million, improving the net profit margin from 7.9% to 8.9%.
  • The financial position of the Group remained healthy, with net cash of approximately HK$1,138.0 million and HK$820.0 million in available banking facilities as at 30 June 2023.
  • Meanwhile, for Mainland China operations, revenue of HK$1,177.8 million was recorded for the reporting period, and its segment results amounted to HK$160.6 million.

Nissin Foods Announces 2021 Annual Results, Financial Performance Exceeds High 2020 Baseline

Retrieved on: 
Tuesday, March 22, 2022
Nissin Foods, Cup Noodles, Company, EBITDA, Miramar Hotel and Investment, Hang Seng Composite Index Series, ECO Cup, Group, Growth, Board, Doll, Supermarket, Drink, Hong Kong Stock Exchange, Flour, FTSE SmallCap Index, Safety, Technology, Powder, Goal, Food science, Time, Stock exchange, COVID-19, Vegetable, Taste, Yoy, Cup noodle, Efficiency, Hang Seng Index, Property management, Convenience food, Fast food, Mainland China, Mainland

The Group's EBITDA grew by 6.0% YoY to HK$604.1 million (2020: HK$570.0 million), representing an EBITDA margin of 15.6% (2020: 16.2%).

Key Points: 
  • The Group's EBITDA grew by 6.0% YoY to HK$604.1 million (2020: HK$570.0 million), representing an EBITDA margin of 15.6% (2020: 16.2%).
  • Profit attributable to owners of the Company increased by 0.6% YoY to HK$303.8 million (2020: HK$301.9 million), representing a net profit margin of 7.9% (2020: 8.6%).
  • Revenue in the Mainland China operations recorded strong growth in the review year, surpassing the high baseline set in 2020.
  • Consequently, the Group's 2021 financial performance has been able to exceed the high baseline set in 2020.

Move Over Lattes, Cup Noodles® Pumpkin Spice Is Joining The Flavor Craze

Retrieved on: 
Wednesday, August 4, 2021
Food and drink, Foods, Ramen, Chinese noodles, Japanese noodles, Noodles, Pumpkin, Cup Noodles, Cup noodle, Nissin Foods, Pumpkin ale

GARDENA, Calif., Aug. 4, 2021 /PRNewswire/ --Today, Nissin Foods , the inventor of Cup Noodles, officially kicked off pumpkin spice season in the most unexpected but tasty way: with pumpkin spice-flavored noodles.

Key Points: 
  • GARDENA, Calif., Aug. 4, 2021 /PRNewswire/ --Today, Nissin Foods , the inventor of Cup Noodles, officially kicked off pumpkin spice season in the most unexpected but tasty way: with pumpkin spice-flavored noodles.
  • The new, limited-edition Cup Noodles Pumpkin Spice flavor invites lovers - and haters - of the inescapable fall flavor to try the newest cup on the block when it exclusively hits Walmart shelves nationwide in late October.
  • Celebrating its 50th anniversary this year, Cup Noodles is serious about taking pumpkin spice in-a-cup to the next level by going head-to-head with the latte that kicked off the seasonal flavor craze.
  • To taste it yourself, visit nissinfoods.com to locate your nearest Cup Noodles Pumpkin Spice when it hits Walmart shelves late October.

Nissin Foods Brings The O' Back To Cup Noodles® As Part Of Its 50th Anniversary Celebration

Retrieved on: 
Wednesday, March 31, 2021
Noodles, Ramen, Food and drink, Cuisine, Japanese noodles, Chinese noodles, Cup Noodles, Nissin Foods, Cup noodle, Noodle, Nisshin, Instant noodle

The return of the O' celebrates the iconic brand's 50th anniversary in 2021 the big five O'.

Key Points: 
  • The return of the O' celebrates the iconic brand's 50th anniversary in 2021 the big five O'.
  • According to a nationwide survey, 1 more than 80 percent of ramen lovers still call the brand "Cup O' Noodles" instead of "Cup Noodles," which has been its O'fficial name since 1993.
  • In 1970, they established Nissin Foods (USA) Co., Inc. in Gardena, California introducing ramen noodles to U.S. consumers.
  • 1 Nissin Foods' Google Survey of 1,500 U.S. consumers aged 18+ fielded March 18 - 27, 2021
    View original content to download multimedia: http://www.prnewswire.com/news-releases/nissin-foods-brings-the-o-back-t...

Nissin Celebrates 50th Anniversary Of Cup Noodles With Expansion Of Its Latest Innovation - Cup Noodles Stir Fry

Retrieved on: 
Thursday, January 14, 2021
Food and drink, Cuisine, Ramen, Chinese cuisine, Noodles, Cup Noodles, East Asian culture, Cup noodle, Nissin Foods, Noodle, Instant noodle, Lucky Me

In celebration of 50 years of originality, the expansion of the Cup Noodles Stir Fry product line-up, the first soupless cup for the popular brand, combines modern innovation with timeless Asian-inspired recipes.

Key Points: 
  • In celebration of 50 years of originality, the expansion of the Cup Noodles Stir Fry product line-up, the first soupless cup for the popular brand, combines modern innovation with timeless Asian-inspired recipes.
  • Nissin Foods introduces brand new Cup Noodles Stir Fry flavors, hot garlic chicken and teriyaki chicken.
  • "Americans have been enjoying forkfuls of noodles out of cups since 1971 when Nissin debuted the original Cup Noodles," said Mike Price, CEO of Nissin Foods USA.
  • Cup Noodles Stir Fry first hit store shelves in December 2019, with three Asian-inspired flavors: Korean BBQ, Teriyaki Beef and vegetarian Sweet Chili.

Nissin Foods Invests in Frozen Noodles for PRC Market

Retrieved on: 
Tuesday, January 5, 2021
Noodles, Food and drink, Cuisine, Chinese cuisine, Ramen, Instant noodle, Nissin Foods, Frozen noodles, Noodle, Monde Nissin, Cup noodle

A first for the Group in the PRC on frozen noodles, this initiative will not only further enrich its product portfolio, but also capture the growing demand for frozen food products and premium noodles in the PRC.

Key Points: 
  • A first for the Group in the PRC on frozen noodles, this initiative will not only further enrich its product portfolio, but also capture the growing demand for frozen food products and premium noodles in the PRC.
  • Nissin Foods' first production of frozen noodles in the PRC will hit the shelf in Beijing and Chengdu in the first quarter of this year.
  • Separately, the Group's frozen noodles under the "Nissin Foods" brand will also be sold in mid-to high-end supermarkets in the PRC within the year.
  • As consumer demand for frozen food products and premium instant noodles continues to gather momentum in the PRC, Nissin Foods is well equipped to capture the growing market with the introduction of premium frozen noodles for the PRC market.

Global Instant Noodles Market (2020 to 2025) - Featuring Nestle, Toyo Suisan Kaisha & Ajinomoto Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 14, 2020
Food, Beverage, Retail, Food and drink, Foods, Noodles, Chinese cuisine, Instant noodle, Convenience food, Noodle, Cup noodle, Frozen noodles

The growing popularity of instant noodles with evolving dietary consumption patterns is escalating the market demand in the forecast period.

Key Points: 
  • The growing popularity of instant noodles with evolving dietary consumption patterns is escalating the market demand in the forecast period.
  • The availability of instant noodles in the packets and cups packaging format has increased their purchase globally with the increase in the consumption of ready-to-eat convenience food products.
  • This is mainly attributed to the adoption of a busy schedule by a large number of individuals at the global level.
  • Also, the sole consumption of these food products leads to certain digestive issues, harming the health of an individual.

Nissin Foods® Introduces First-Ever Soupless Cup Noodles to Fans Across America: Cup Noodles® Stir Fry

Retrieved on: 
Monday, August 5, 2019
Food and drink, Foods, Noodles, Chinese cuisine, Instant noodle, Cup noodle, Cup Noodles, Noodle, Ramen, Nissin Foods, Lucky Me, Sapporo Ichiban

GARDENA, Calif., Aug. 5, 2019 /PRNewswire/ -- Today Nissin Foods, the creator of instant ramen, announces the newest addition to the company's beloved Cup Noodles brand in the U.S.: Cup Noodles Stir Fry.

Key Points: 
  • GARDENA, Calif., Aug. 5, 2019 /PRNewswire/ -- Today Nissin Foods, the creator of instant ramen, announces the newest addition to the company's beloved Cup Noodles brand in the U.S.: Cup Noodles Stir Fry.
  • As the firstsoupless offering from the brand, Cup Noodles Stir Fry was inspired by the rising popularity of Asian dishes from around the world.
  • "With the introduction of Cup Noodles Stir Fry, fans have yet another delicious reason to keep coming back to the Cup Noodles brand."
  • Cup Noodles Stir Fry is making history in the U.S. as the first Cup Noodles product that is not a soup.

Chinese Food Producer Jinmailang Invents Second Generation Instant Noodles

Retrieved on: 
Tuesday, August 21, 2018
Food and drink, Noodles, Chinese cuisine, Instant noodle, Chinese noodles, Korean noodles, Cup noodle

60 years later on August 21, Japan, the birthplace of instant noodles, faces the latest challenge toward the evolution of instant noodle technology, with the epoch-making launch of Chinese instant noodle maker Jinmailang's LaofanjiaInstantNoodle Shop Noodles in Tokyo.

Key Points: 
  • 60 years later on August 21, Japan, the birthplace of instant noodles, faces the latest challenge toward the evolution of instant noodle technology, with the epoch-making launch of Chinese instant noodle maker Jinmailang's LaofanjiaInstantNoodle Shop Noodles in Tokyo.
  • Drawing inspiration from Chinese traditional diet culture, Jinmailang reinvented the product using Chinese noodle steam and boil technology.
  • With LaofanjiaInstantNoodle Shop Noodles, Jinmailang achieves a quantum leap in technology, from "Made in China"to"Created inChina", as the new technology represents a paradigmatic shift from the traditional frying approach, restoring the full flavor of noodle shop noodles and giving birth to a second, new generation of instant noodles.
  • Inspired by the tradition of steaming buns and boiling noodles found in Chinese households, he created Laofanjia Instant Noodle Shop Noodles through a combination of steaming and boiling processes.