Hong Kong's Nissin Foods half-year revenue rises

Nissin Foods

25/08/2026 05:18

Overview
Hong Kong instant noodles maker's half-year revenue rose 2.8 yr/yr to HK$2.07 bln
Net income attributable to shareholders increased to HK$175.2 mln
Earnings per share rose to 16.79 HK cents from 15.05 HK cents

Outlook
Company did not provide specific guidance or outlook in the press release

Result Drivers
MAINLAND CHINA DEMAND - Co said revenue increase reflected continued momentum in its core instant noodle business and broader store coverage in the Chinese Mainland
MARGIN INCREASE - Gross profit margin improvement was attributed to expansion of higher-margin instant noodle business, execution of raw material procurement strategies, and improved production efficiency
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$2.07 bln
 
H1 Net Income Attributable
 
HK$175.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for Nissin Foods Co Ltd is HK$7.00, about 7.9% above its August 24 closing price of HK$6.49
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)