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Tingyi Cayman Islands Holding Corp (0322.HK)

0322.HK on Hong Kong Stock

10.98HKD
2:44am GMT
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Mon, Nov 26 2018

China's Tingyi profit jumps, but says raw material costs a challenge

HONG KONG, Nov 26 Tingyi Cayman Islands Holding Corp, a Chinese partner of Starbucks and PepsiCo, reported a 25.5 percent jump in quarterly profit on Monday, but said its beverages business was facing challenges from higher raw material costs and Sino-U.S. trade tensions.

UPDATE 1-Chinese noodle maker Tingyi Q2 profit doubles, sees higher costs ahead

* H1 net profit 1.306 bln yuan vs analyst forecast 1.085 bln yuan

China's Tingyi Q2 profit soars on upbeat sales

HONG KONG, Aug 27 Tingyi (Cayman Islands) Holding Corp, a Chinese food and beverage maker, on Monday posted a 123 percent rise in quarterly net profit, buoyed by upbeat noodle sales and costs of beverage products amid a recovery in the consumer goods market.

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