Tingyi Cayman Islands Holding Corp (0322.HK)
14 Dec 2018
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.
* H1 net profit 1.306 bln yuan vs analyst forecast 1.085 bln yuan
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.