Japan's Nissin Foods Holdings Co., Ltd. kept its fiscal 2027 outlook unchanged after first-half revenue advanced 9.5%, while profit attributable to owners of the parent declined, its Nov. 11 results showed.
Revenue for the six months ended Sept. 30 reached ¥408.739 billion. On a constant-currency basis, it was ¥392.202 billion, up 5.1% from a year earlier.
Operating profit increased 3% to ¥32.763 billion. Nissin reported a 2.5% decline in profit attributable to owners of the parent, to ¥22.04 billion. Basic earnings per share was ¥76.76, compared with ¥77.97 a year earlier; diluted earnings per share was ¥76.25, versus ¥77.45.
For the fiscal year ending March 31, 2027, Nissin maintained its revenue projection of ¥860 billion and operating profit range of ¥66 billion to ¥69.5 billion. Its basic earnings-per-share outlook remains ¥159 to ¥167.
Nissin said the six-month figures were unaudited and used IFRS (International Financial Reporting Standards).
