Nissin Foods Holdings Co.,Ltd. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2020
February 02, 2021 at 11:15 pm EST
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Nissin Foods Holdings Co.,Ltd. announced consolidated earnings results for the third quarter and nine months ended December 31, 2020. For the quarter, the company reported Revenue of JPY 132,727 million compared to JPY 126,683 million a year ago. Operating profit was JPY 18,125 million compared to JPY 15,811 million a year ago. Profit was JPY 14,812 million compared to JPY 12,597 million a year ago. Basic earnings per share was JPY 137.34 compared to JPY 116.91 a year ago. Diluted earnings per share was JPY 136.55 compared to JPY 116.28 a year ago.
For the nine months, the company reported Revenue of JPY 373,859 million compared to JPY 348,044 million a year ago. Operating profit was JPY 49,966 million compared to JPY 35,533 million a year ago. Profit was JPY 38,215 million compared to JPY 26,978 million a year ago. Basic earnings per share was JPY 348.28 compared to JPY 246.23 a year ago. Diluted earnings per share was JPY 346.29 compared to JPY 244.90 a year ago.
NISSIN FOODS HOLDINGS CO., LTD. is a Japan-based holding company principally engaged in the manufacture and sale of instant foods, such as instant noodles. The Company is also involved in other food business, logistics business and other related business. The Company operates its business through five business segments. The four business segments, Nisshin Foods, Myojo Foods, Americas and China, mainly manufacture and sell instant bag noodles and cup noodles respectively. Low Temperature segment is involved in the manufacture and sale of chilled products and frozen products.
NISSIN FOODS HOLDINGS CO.,LTD. 
