Tingyi

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Tingyi H1 profits up on "core" products, cost control

22 Aug 2017

Tingyi Holding Corp., the Chinese maker of Master Kong noodles, pointed to a focus on its "core" products and on controlling costs as factors in its rising first-half increase in sales and profits.

Chinese food group Tingyi sees profits tumble

27 Mar 2017

Tingyi Holding Corp., the Hong Kong-listed food and beverage group, today (27 March) booked a 31% slump in annual profits as a result of rising costs and a wider industry facing "the change in trends in domestic demand".

Tingyi acknowledges "poor" H1

30 Aug 2016

Tingyi Holding Corp., the Hong Kong-listed food and beverage group, has reported a slump in first-half profits, with work to "upgrade" its flagship noodle products and higher input costs weighing on earnings.

Tingyi posts H1 profit fall on noodle weakness

24 Aug 2015

Master-Kong maker Tingyi Holding Corp. has reported a fall in first-half sales and profits after weakness in its noodle and instant food businesses.

Food industry results in brief - Sanderson Farms, Barilla

29 May 2015

US poultry group Sanderson Farms posted higher half-year sales and profits, although there was some concern on Wall Street about the near-term outlook for the business. Barilla announced its results for 2014, which included an increase in revenue and earnings.

Tingyi sales hit by China slowdown

23 Mar 2015

Instant noodle maker Tingyi Holding Corp booked a drop in sales and earnings for 2014, as a slowdown in China's economy weighed on demand.

Tingyi promotes James Wei to CEO role

2 Jan 2015

Tingyi (Cayman Islands) Holding Corp. has promoted James Wei to the role of CEO.

Tingyi food results mixed as 9M profits rise

17 Nov 2014

Hong Kong-listed food and beverage group Tingyi Holdings has published mixed results from its food businesses after reporting a rise in nine-month profits.

HONG KONG: Tingyi earnings up but food profits under pressure

19 Aug 2014

Tingyi Holdings saw earnings increase in the first half of 2014 although profits from its two key food divisions fell.

just-food's research round-up: PepsiCo's packaged food strategy, the outlook for Brazil

3 Jun 2014

PepsiCo's global growth strategy in packaged foods and whether the deterioration of economic conditions in the market will hit prospects for the food sector are included in this week's round-up of essential research from the just-food research store.

CHINA: Tingyi posts Q1 profit rise

20 May 2014

Chinese food and drinks manufacturer Tingyi has posted a 48% increase in profit for the first quarter of the year.

China briefing: Multinationals face shifting formula landscape

29 Nov 2013

Multinational companies have dominated China's infant formula market but domestic companies are, with government support, looking to bolster their position with demand expected to remain buoyant. Wang Fangqing in Shanghai reports.

China briefing: Multinationals vie for place at table

29 Nov 2013

With an increasingly affluent population of more than 1.36bn mouths to feed the potential offered by China's food sector is immense. But the size of the opportunity does not, in itself, guarantee success. Competition is fierce as multinational food groups and local players alike look to grow their share of this vast pie. Katy Askew examines the competitive dynamics of the Chinese food sector.

HONG KONG: Tingyi 9m earnings slide despite Q3 rebound

18 Nov 2013

Hong Kong listed food and beverage group Tingyi has booked a jump in third-quarter earnings, but nine-month profits remained below 2012 levels.

CHINA: Tingyi, Asahi to form infant formula JV

1 Nov 2013

Chinese food and beverage group Tingyi Holdings plans to form a joint venture with Japanese food and drinks maker Asahi to sell infant formula and baby products in China.

HONG KONG: Tingyi H1 earnings tumble

27 Aug 2013

Tingyi saw its earnings fall in the first half as the Hong Kong-listed food and drinks group increased advertising spend and saw profits fall in its instant food and beverage units.

HONG KONG: Tingyi Q1 earnings slide on costs

20 May 2013

Tingyi has booked a drop in earnings in the first quarter after the Hong Kong-listed food and drinks group was hit with costs related to its tie-up with PepsiCo.

HONG KONG: Tingyi FY profit climbs

18 Mar 2013

Tingyi, the Hong Kong-listed food and drink group, has booked an increase in full-year profit and sales.

HONG KONG: Higher sales, lower palm oil prices help Tingyi profits

19 Nov 2012

Tingyi, the Hong Kong-listed food and drink group, saw profits increase by more than 34% in the third quarter amid higher sales and a drop in palm oil prices.

In the spotlight: China a factor in Itochu interest in Dole

14 Sep 2012

A chunk of Dole Food Co.'s business could end up in the hands of one of Japan's largest trading houses it was announced this week - and China appears to be central to the potential deal.

HONG KONG: Noodle firm Tingyi posts H1 profit rise

21 Aug 2012

Hong Kong-listed food and drink group Tingyi has reported a 24% rise in half-year profits, helped in part by improved earnings from its noodle unit.

TAIWAN: Calbee, Wei Chuan to set up joint venture

6 Jul 2012

Japanese snacks group Calbee is to set up a joint venture in Taipei with local food concern Wei Chuan, a subsidiary of Tingyi International.

CHINA: Noodle unit boosts Tingyi Q1 profits

28 May 2012

Hong Kong-listed snack firm Tingyi has booked an increase in first-quarter profits on solid growth in its noodle business.

JAPAN/CHINA: Tingyi, Prima to set up meat JV in China

18 May 2012

Hong Kong-listed snack food group Tingyi and Japanese ham and sausage firm Prima Meat Packers is to set up a venture in China to manufacture meat products.

Editor's choice: the highlights on just-food this week

16 Apr 2012

After a relaxing Easter break, news of another piece of M&A in the UK food sector emerged with a potential management buy-out at cake maker Lees Foods. Later in the week, another UK manufacturer, Adelie Food Holdings, made the headlines with news of its sale to an Indian buyer. Embattled retailers Carrefour and US grocer Supervalu Inc providing trading updates to the market. And, our pages carried an exclusive interview with the chairman and CEO of Spanish food manufacturer Ebro Foods. Click on the headlines for more.

CHINA: Calbee, Tingyi, Itochu form snacks JV

12 Apr 2012

Japanese snacks giant Calbee has teamed up with local conglomerate Itochu Corp. and Hong Kong-listed food group Tingyi to form a snacks venture in China.

Focus: Crunch time on horizon for PepsiCo

16 Nov 2011

PepsiCo's chairman and CEO, Indra Nooyi, is under pressure, the group's strategic review has been extended and, this week, talk of a business split has been fuelled by the arrival of activist investor Nelson Peltz. So, asks Michelle Russell, what's eating PepsiCo?

CHINA: Rising costs hit Tingyi Holdings Corp nine-month profits

15 Nov 2011

Tingyi (Cayman Islands) Holdings Corp has recorded a drop in profits in the first nine months of 2011 as a result of higher raw material costs and poor weather hitting its beverages division.

CHINA: Tingyi "to acquire PepsiCo's China arm"

4 Nov 2011

Chinese instant noodle and beverage maker Tingyi will acquire a majority stake in the China business of PepsiCo, according to Bloomberg.

UPDATE: CHINA: PepsiCo sells bottling operations to Tingyi Holding Corp.

4 Nov 2011

PepsiCo has sold its bottling operations in China to Tingyi (Cayman Islands) Holding Corp in exchange for a stake in the noodle and soft drinks maker's business.

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