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Positive Signs As Multiple Insiders Buy Nissin Foods Stock
Nissin Foods Reports Modest Profit Decline Amidst Stable Performance
Nissin Foods Forms Joint Venture in Australia
nissin foods (01475) announced its performance for the first 9 months. The attributable net profit to owners decreased by about 0.251 billion Hong Kong dollars, a decrease of 7.08% year-on-year.
nissin foods (01475) announced its performance for the first 9 months of 2024, with revenue of approximately 2.862 billion Hong Kong dollars, a year-on-year...
Nissin Foods (01475.HK) and Nissin Asia have established a joint venture company, planning to inject cash of 5.2326 million Hong Kong dollars.
Glory reported on November 11th that Nissin Foods (01475.HK) announced that on November 11, 2024, the company entered into a joint venture agreement with Nissin Asia, involving the establishment of a joint venture company. The joint venture company will be located in New South Wales, Australia, with the company and Nissin Asia owning 51% and 49% respectively. The company will inject 1.02 million Australian dollars in cash (equivalent to approximately 5.2326 million Hong Kong dollars) into the joint venture company's capital, which will be funded by internal group resources. The joint venture company will become a non-wholly owned subsidiary of the company, and its performance will be consolidated into the group's financial statements. Currently, the group distributes through third-party distributors.
Nissin Foods Announces Share Buyback to Boost Value
Nissin Foods Company Limited's (HKG:1475) Share Price Could Signal Some Risk
