Tingyi (cayman Islands) Holding Corp.HKEX: 322

Tingyi Cayman Islands Holding: Profit attributable to shareholders rose 15.1% year-over-year to RMB1.89 billion

· Issued by Tingyi (cayman Islands) Holding Corp.

Revenue grew 0.7% year-over-year to RMB41.20 billion, with gross margin up 2.1 ppt to 32.6%. Profit attributable to shareholders rose 15.1% to RMB1.89 billion, driven by improved margins in both instant noodles and beverages.

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