|Bid||14.060 x 0|
|Ask||14.080 x 0|
|Day's Range||13.720 - 14.160|
|52 Week Range||8.420 - 14.180|
|PE Ratio (TTM)||39.75|
|Forward Dividend & Yield||0.12 (0.98%)|
|1y Target Est||12.22|
Dec 1 (Reuters) - Tingyi Cayman Islands Holding Corp : * EXERCISED EXPEDITED CALL OPTION TO BUY AIB-HELD SHARES AT AGGREGATE CONSIDERATION OF US$611.9 MILLION * EXERCISE PRICE FOR OPTIONS ON AIB-HELD ...
* Nissin's indicative range at HK$3.45-4.21 apiece * Ranked 2nd in China's premium instant noodle market in 2016 * Trading debut set for Dec. 9 (Add Nissin's China market share, use of proceeds, IPO managers, ...
Nov 13 (Reuters) - Tingyi Cayman Islands Holding Corp * Qtrly profit attributable RMB1.24 billion versus RMB952.6 million * Qtrly revenue RMB19.69 billion versus RMB18.15 billion * Group's gross ...
Chinese venture capital and private equity funds are pouring hundreds of millions of dollars into local start-ups serving up snack food products of the healthier kind, and threatening the market share of larger Chinese and global food companies. Backed by savvy marketing and online promotions targeting the increasingly health-conscious among China’s burgeoning middle class, brands such as nuts seller Three Squirrels and Le Pur, a maker of Greek yoghurt, are nibbling away at the sales of the big corporations in the country's more than $500 billion food and beverage industry. Investment by venture capital firms in China's food and beverage start-ups is close to doubling to nearly $2 billion over the past two years, said Wang Xiaolong, managing director of Hony Capital, one of China's biggest private equity firms and owner of PizzaExpress, a global pizza restaurant company.
Chinese food and beverage maker Tingyi (Cayman Islands) Holding Corp on Monday posted a more than three-fold jump in quarterly net profit thanks to solid noodle sales and as its beverage business benefited from warm weather. Tingyi, owner of the Master Kong brand, said profit rose 246 percent to 266.70 million yuan ($39.98 million) in the three months through June, slightly above the $38 million forecast by Reuters SmartEstimate. Revenue increased 4.7 percent to 14.37 billion yuan during the quarter.
Chinese instant noodle maker Tingyi (Cayman Islands) Holding Corp reported its best quarterly performance in nearly three years on Monday helped by healthy sales of its mainstay products. Tingyi, the Chinese partner of Starbucks Corp for ready-to-drink coffee and PepsiCo Inc for fruit juice, said attributable profit for the three months to the end of March rose 15.3 percent to 433.5 million yuan ($63 million) from 375.9 million yuan a year earlier. The last time the company registered a year-on-year increase in quarterly profit was for the three months to the end of June 2014, according to Eikon data based on company figures.