Nongfu Spring makes major new investment amid profit pressures
China’s leading bottled water producer has attracted investor attention for its high profit margins, but also caution over its highly priced shares Key Takeaways: Nongfu Spring will invest 5 billion…
Nissin noodles ladles out new direction with Vietnam asset shuffle
The inventor of instant noodles’ China unit will pay $11.5 million to take over control of the parent company’s Vietnamese subsidiary Key Takeaways: Instant noodle pioneer Nissin’s China unit will…
Falling flour prices lift Nissin Foods as pandemic-related demand fades
Revenue for one of China’s top instant noodle makers fell 3.6% in the first quarter, even as its profit grew thanks to sharply lower material costs Key Takeaways: Nissin Foods’…
Nissin Foods Serves Up Investor Comfort Food in Cups of Noodles
The premium noodle maker returned to profit growth in the third quarter, following a decline in the first half of the year, as it raised prices and brought rising ingredient…
Snack Specialist Dali Courts Foodies With Healthy, Upscale Offerings
Slow-growth food maker places big bets on Doubendou and Meibeichen brands that cater to a new generation of affluent Chinese consumers Key Takeaways: Dali Foods is placing its bets on…
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