Nissin Foods Holdings Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 05, 2021 at 12:15 am EDT
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Nissin Foods Holdings Co.,Ltd. reported consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported revenue of JPY 132,457 million compared to JPY 120,561 million a year ago. Operating profit was JPY 13,248 million compared to JPY 17,452 million a year ago. Profit was JPY 8,565 million compared to JPY 12,818 million a year ago. Basic earnings per share were JPY 76.02 compared to JPY 116.11 a year ago. Diluted earnings per share were JPY 75.58 compared to JPY 115.47 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.