News Formal

Monde Nissin reports weaker earnings

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Food manufacturer Monde Nissin Corporation reported a 17.9 percent drop in net income to P3.5 billion for the first half of 2023 as the restructuring costs in its meat alternative business weighed on its profitability.

In a disclosure to the Philippine Stock Exchange, the firm said attributable core net income for the first half declined by 14.1 percent to P3.5 billion from P4.08 billion.

Consolidated revenue for the first half grew 7.0 percent to P39.2 billion as second quarter growth tapered to 3.2 percent. International revenue increased by 20.8 percent to P2.1 billion for the first half due to the robust growth in biscuits. On a reported basis, revenue for the first half declined by 5.0 percent to P7.1 billion. UK declined by 5.5 percent on a constant currency basis in the first half due to the challenging retail market.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 25. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Joint music and food fest by MYX and 626 Night MarketLOS ANGELES -- A two-day music festival at Santa Anita Park in Arcadia, California will celebrate Asian American culture and music on Sept. 2-3, TFW is a star-studded lineup of Asian American artists and the iconic flavors of 626 Night Market.
Herkunft: inquirerdotnet - 🏆 3. / 86 Weiterlesen »