1475.HK

Nissin Foods (Hong Kong) Charity Fund Launches Orange Tennis Community Programme

Retrieved on: 
Wednesday, August 3, 2022
Goal, Orange Ball, Nissin Foods, Tai Po, HKTA, Learning, Advisory Committee, Inland Revenue Ordinance, ATF, ITF, Ageing, Partnership, MOK, Eating, Health, Tennis, International Tennis Federation, Science, Asian Tennis Federation, Sport, Education, Tutoring, Hospital, Sports equipment

HONG KONG, Aug 3, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced the launch of the Nissin Foods Orange Tennis Community Programme (Tai Po) by Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") and The Hong Kong Tennis Association ("HKTA"), offering regular weekly trainings for young players to promote healthy living.

Key Points: 
  • HONG KONG, Aug 3, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced the launch of the Nissin Foods Orange Tennis Community Programme (Tai Po) by Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") and The Hong Kong Tennis Association ("HKTA"), offering regular weekly trainings for young players to promote healthy living.
  • "We are delighted to launch the first initiative to be funded by the Nissin Foods Charity Fund," said Mr. Kiyotaka ANDO, Chairman of the Advisory Committee of the Charity Fund.
  • The Nissin Foods Orange Tennis Community Programme in Tai Po extends HKTA's Orange Ball Programme which is designed to provide players aged 7-10 years from disadvantaged backgrounds a second tennis experience to further their development.
  • The Nissin Foods (Hong Kong) Charity Fund ("Charity Fund") was set up in September 2020 by way of a trust deed by Nissin Foods Company Limited (Stock code: 1475).

HKTDC Food Expo and four concurrent events kick off next week

Retrieved on: 
Tuesday, August 2, 2022

HONG KONG, Aug 2, 2022 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the highly anticipated HKTDC Food Expo, HKTDC Home Delights Expo, HKTDC Beauty & Wellness Expo and HKTDC Hong Kong International Tea Fair will run from 11-15 August at the Hong Kong Convention and Exhibition Centre (HKCEC).

Key Points: 
  • HONG KONG, Aug 2, 2022 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the highly anticipated HKTDC Food Expo, HKTDC Home Delights Expo, HKTDC Beauty & Wellness Expo and HKTDC Hong Kong International Tea Fair will run from 11-15 August at the Hong Kong Convention and Exhibition Centre (HKCEC).
  • Sophia Chong, HKTDC Acting Executive Director, introduced key highlights of the five events at a press conference today.
  • The Home Delights Expo will showcase a wide range of smart home products, kitchen appliances, kitchenware, tableware, furniture and household products.
  • The 32nd edition of the Food Expo presents the Public Hall, Gourmet Zone and Trade Zone to showcase the finest international cuisines.

Nissin Foods Achieves Steady 2022 Q1 Financial Results

Retrieved on: 
Friday, May 13, 2022
Company, Hang Seng Index, ECO Cup, FTSE SmallCap Index, COVID-19, Food science, Mainland, Efficiency, Miramar Hotel and Investment, Technology, Hang Seng Composite Index Series, Group, Yoy, Nissin Foods, Cup Noodles, Growth, Property management, Mainland China

HONG KONG, May 13, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial information for the three months ended 31 March 2022 ("the Reporting Period").

Key Points: 
  • HONG KONG, May 13, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial information for the three months ended 31 March 2022 ("the Reporting Period").
  • Gross profit margin was 31.3% (2021: 32.1%), mainly a result of the increased prices of raw materials and other production costs.
  • Revenue from Hong Kong operations increased by 6.6% YoY to HK$357.9 million due to a surge in demand of bag-type instant noodles.
  • Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "With the COVID-19 epidemic prevailing, people's livelihood and economic recovery have been surrounded with uncertainties.

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

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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.