Nissin Foods 9-Month Profit Up 4.2%, Revenue Rises on Mainland Growth
On.cc · 2 SOURCESabout 2 hours ago4 MIN
Summary
Nissin Foods (1475) reported a 4.2% year-on-year increase in net profit to HK$269 million for the first nine months of 2026, with revenue rising 6.3% to HK$32.55 billion . The company faced margin pressure as gross profit margin declined 0.4 percentage points to 35%, primarily due to elevated raw material costs . Mainland China operations emerged as the key growth driver, with revenue jumping 9.8%, while Hong Kong and other regions remained stable with modest 0.8% growth . Executive Chairman and CEO Ando Kiyotaka (安藤清隆) stated that despite cost pressures, the group's strict cost control measures enabled segment earnings to grow faster than revenue .
Key Points
- Net profit reached HK$269 million for the nine-month period, representing a 4.2% increase year-on-year, with earnings per share at HK$0.2577
- Revenue totalled HK$32.55 billion, up 6.3% from the same period in 2025, while gross profit rose 5.3% to HK$11.4 billion
- Gross margin fell to 35%, down 0.4 percentage points year-on-year, as raw material costs increased
- Mainland China revenue grew 9.8% (or 4.6% in RMB terms), driven by higher instant noodles sales volume and favourable currency translation effects
- Hong Kong and other regions reported stable revenue growth of 0.8%, supported by sustained performance in the local instant noodles market and increased demand elsewhere
Why It Matters
The results highlight Nissin's ability to navigate cost pressures while expanding in the mainland China market, which now accounts for the bulk of its growth . For Hong Kong investors, the mixed performance between regions underscores the importance of geographic diversification in the packaged food sector amid ongoing inflationary headwinds .
The results highlight Nissin's ability to navigate cost pressures while expanding in the mainland China market, which now accounts for the bulk of its growth . For Hong Kong investors, the mixed performance between regions underscores the importance of geographic diversification in the packaged food sector amid ongoing inflationary headwinds .