Uni-President China Holdings Ltd

00220: XHKG (HKG)
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UPC Earnings: Instant Noodles and Beverages Drive Growth; Maintaining Fair Value

Uni-President China's first-quarter net profit increased by 23% year on year to CNY 737 million, driven by revenue growth in both instant noodles and beverages, alongside input cost tailwinds. A one-off gain of CNY 73 million from an equity disposal also boosted net income.

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