Nissin Foods Company Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,045	4,001	3,812	3,833	4,068	3,866
Revenue Growth (YoY)	3.16%	4.96%	-0.56%	-5.77%	5.21%	9.88%
Cost of Revenue	2,634	2,616	2,500	2,530	2,765	2,639
Gross Profit	1,411	1,385	1,312	1,303	1,303	1,227
Selling, General & Admin	915.96	903.6	855.13	829.72	842.78	769.86
Other Operating Expenses	34.71	33.53	38.89	36.2	33.16	35.17
Operating Expenses	950.77	937.23	894.74	867.38	876.66	804.77
Operating Income	460.34	447.84	417.37	435.69	426.14	422.55
Interest Expense	-0.26	-0.26	-0.4	-0.27	-0.26	-0.37
Interest & Investment Income	9.05	9.05	25.17	27.9	19.36	16.75
Currency Exchange Gain (Loss)	-4.37	-4.37	-17.06	-17.57	-11.67	3.45
Other Non Operating Income (Expenses)	6.95	9.38	14.31	18.86	25.27	16.96
EBT Excluding Unusual Items	471.72	461.64	439.4	464.6	458.85	459.35
Impairment of Goodwill	-	-	-22.7	-	-	-
Gain (Loss) on Sale of Investments	-0.42	-0.42	2.95	4.12	-2.84	-0.62
Gain (Loss) on Sale of Assets	-2.07	-2.07	-3.54	-2.97	-0.62	-17.16
Asset Writedown	-	-	-113.17	-8.78	-10.3	-
Other Unusual Items	0.31	0.31	-	-	17.79	-
Pretax Income	469.54	459.46	302.94	456.97	462.89	441.58
Income Tax Expense	116.89	119.93	95.48	123.82	119.99	102.34
Earnings From Continuing Operations	352.65	339.53	207.46	333.15	342.9	339.24
Minority Interest in Earnings	-8.81	-8.11	-6.47	-2.98	-30.14	-35.41
Net Income	343.84	331.42	200.99	330.17	312.76	303.82
Net Income to Common	343.84	331.42	200.99	330.17	312.76	303.82
Net Income Growth	78.09%	64.89%	-39.12%	5.57%	2.94%	0.63%
Shares Outstanding (Basic)	1,043	1,043	1,044	1,044	1,044	1,057
Shares Outstanding (Diluted)	1,043	1,043	1,044	1,044	1,044	1,057
Shares Change (YoY)	-0.02%	-0.02%	-	-0.01%	-1.25%	-1.60%
EPS (Basic)	0.33	0.32	0.19	0.32	0.30	0.29
EPS (Diluted)	0.33	0.32	0.19	0.32	0.30	0.29
EPS Growth	78.11%	64.91%	-39.11%	5.57%	4.25%	2.28%
Free Cash Flow	-	391.7	315.67	322.37	207.43	187.58
Free Cash Flow Per Share	-	0.38	0.30	0.31	0.20	0.18
Dividend Per Share	0.159	0.159	0.096	0.158	0.152	0.146
Dividend Growth	64.90%	64.90%	-39.13%	4.35%	4.12%	3.63%
Gross Margin	34.89%	34.62%	34.42%	33.99%	32.03%	31.74%
Operating Margin	11.38%	11.19%	10.95%	11.37%	10.48%	10.93%
Profit Margin	8.50%	8.28%	5.27%	8.61%	7.69%	7.86%
Free Cash Flow Margin	-	9.79%	8.28%	8.41%	5.10%	4.85%
EBITDA	481.48	471.45	450.88	469.58	456.33	457.77
EBITDA Margin	11.90%	11.78%	11.83%	12.25%	11.22%	11.84%
D&A For EBITDA	21.14	23.61	33.51	33.9	30.19	35.22
EBIT	460.34	447.84	417.37	435.69	426.14	422.55
EBIT Margin	11.38%	11.19%	10.95%	11.37%	10.48%	10.93%
Effective Tax Rate	24.89%	26.10%	31.52%	27.10%	25.92%	23.18%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.