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Tingyi Cayman Islands Holding Corp (0322.HK)

0322.HK on Hong Kong Stock

9.24HKD
28 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Tingyi Cayman Islands Holding posts HY net profit of US$69.7 million<0322.HK>
Monday, 29 Aug 2016 04:33am EDT 

Tingyi Cayman Islands Holding Corp <0322.HK>: Interim results for the six months ended 30th June 2016 <0322.HK> . HY turnover US$4.19 billion versus US$4.87 billion . HY net profit US$ 69.7 million versus US$ 197.7 million . Board of directors does not recommend the payment of an interim dividend for the six months ended 30 June 2016 . "In the second half of the year, there still exists relatively great pressure on economic development" .  Full Article

Tingyi Cayman Islands Holding reports Q1 profit of $58 mln Vs $107 mln last year<0322.HK>
Thursday, 26 May 2016 08:35am EDT 

Tingyi Cayman Islands Holding Corp <0322.HK>: First quarterly results for the three months ended 31st March 2016 <0322.HK> . Does not recommend the payment of a quarterly dividend for the three months ended 31 March 2016 . Qtrly profit attributable to owners of the company $58 million versus $107 million . Q1 revenue $2.10 billion versus $2.32 billion . The group will continue to face significant challenges in the second quarter" . Packaged food business is currently facing challenges of the macro environment .  Full Article

Tingyi Cayman Islands Holding issues FY 2015 profit warning
Monday, 22 Feb 2016 06:23am EST 

Tingyi Cayman Islands Holding Corp:Expects to record a decrease in its unaudited consolidated net profit by approximately 35% to 40% for the year ended 31 December 2015.Result mainly due to a decline in noodle sales due to the price increase.  Full Article

Tingyi Cayman Islands Holding Corp says termination of joint-venture relationship in Calbee (Hangzhou)
Tuesday, 3 Nov 2015 10:30pm EST 

Tingyi Cayman Islands Holding Corp:Parties has decided that the co will undertake and continue to operate the existing business of the joint venture.Master kong instant foods will acquire all equity interests of calbee (hangzhou) held by calbee and itochu corporation.Will promptly carry out reorganization and streamlining for a new start upon completion of the equity transfer".Says remains optimistic about the favorable development trend of China's snack food industry in the future.  Full Article

Tingyi Cayman Islands Holding Corp recommends final dividend
Monday, 23 Mar 2015 12:19am EDT 

Tingyi Cayman Islands Holding Corp:Recommended payment of final dividend of $0.0357 per ordinary share of the company in respect of year ended Dec. 31.Final dividend will be paid on or about June 16.  Full Article

Tingyi Cayman Islands Holding Corp's subsidiary enters into agreement with Ting Qiao
Wednesday, 31 Dec 2014 01:30am EST 

Tingyi Cayman Islands Holding Corp:Says Pepsi China Investment, subsidiary entered into beverages supply agreement with Ting Qiao.For supply of beverage products by Group’s bottlers to fast food outlets of Dicos for term commencing from Jan.1, 2015 until Dec. 31, 2017.  Full Article

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Chinese food maker Tingyi quarterly profit drops 87 percent, says outlook challenging

HONG KONG Chinese food and beverage maker Tingyi (Cayman Islands) Holding Corp on Monday said a slowing economy contributed to an 87 percent plunge in quarterly profit, and that the industry outlook remains challenging.