Nissin Foods' 2024 Profit Falls

MT Newswires Live
26 Mar

Nissin Foods' (HKG:1475) attributable profit fell to HK$201.0 million in 2024 from HK$333.1 million in 2023, according to a Wednesday filing with the Hong Kong bourse.

Earnings per share at the food manufacturer decreased to HK$0.1926 from HK$0.3163 in the previous year.

Revenue inched down to HK$3.81 billion from HK$3.83 billion a year earlier.

The company declared a final dividend of HK$0.0963 per share and a special dividend of HK$0.0619 per share, both payable June 27 to shareholders on record as of June 16.

Shares jumped 1% during Wednesday's late morning trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10