Nissin Foods Announces 2023 Q1 Financial Results
HONG KONG, May 10, 2023 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2023 ("the Reporting Period").
- HONG KONG, May 10, 2023 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2023 ("the Reporting Period").
- Gross profit grew 8.8% YoY to HK$362.1 million (2022: HK$332.8 million).
- Profit attributable to owners of the Company grew 22.3% to HK$110.5 million (2022: HK$90.3 million).
- Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "We are delighted to see that our business has recorded double-digit profit growth compared with pre-pandemic levels.