Nissin Kogyo Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, on consolidated basis, net sales were JPY 46,125 million against JPY 44,447 million reported a year ago. Operating profit was JPY 3,704 million against JPY 3,064 million reported a year ago. Profit before tax was JPY 4,157 million against profit of JPY 3,089 million reported a year ago. Profit attributable to owners of parent was JPY 1,749 million or JPY 26.88 per basic share against profit of JPY 1,424 million or JPY 21.89 per basic share reported a year ago.

For the full year ending March 2019, the company expects net sales of JPY 190,000 million, operating profit of JPY 15,000 million, profit before tax of JPY 15,000 million, profit attributable to owners of parent of JPY 6,700 million or JPY 102.98 per share.

For the six months ending September 2018, the company expects net sales of JPY 94,000 million, operating profit of JPY 7,400 million, profit before tax of JPY 7,400 million, profit attributable to owners of parent of JPY 3,100 million or JPY 47.65 per share.