Nissin Foods Holdings Co.,Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2022
August 05, 2021 at 12:15 am EDT
Share
Nissin Foods Holdings Co.,Ltd. provided consolidated earnings guidance for the year ending March 31, 2022. For the period, the company expects revenue of JPY 540,000 million, operating profit is in the range of JPY 42,500 million to JPY 44,500 million, profit attributable to owners of the parent is in the range of JPY 31,000 million to JPY 33,000 million and basic earnings per share is in the range of JPY 298 to JPY 317.
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.