monde-nissin | ABS-CBN News

Monde Nissin sales rise but core net income falls in Jan-Sept

Art Fuentes, ABS-CBN News
Updated as of Nov 09 07:26 PM

Food manufacturer Monde Nissin’s revenues in the first 9 months of 2022 grew but profit still fell as input costs remained high, the company said on Wednesday. Read more »

Lucky Me maker sees 15 pct drop in July sales over noodle scare

Art Fuentes, ABS-CBN News
Posted at Aug 10 09:32 PM

The company said core net income attributable to shareholders declined 4.1 percent to P4.1 billion in the first six months of the year. Read more »

FDA: Monde Nissin follows PH food safety laws amid ethylene oxide issue

ABS-CBN News
Posted at Jul 11 07:27 PM

The Philippine Food and Drug Administration (FDA) on Monday said Monde Nissin, the manufacturers of a popular Filipino noodle brand, is compliant to the country's food safety laws. Read more »

Lucky Me! products, ipina-recall ng European countries

ABS-CBN News
Posted at Jul 08 11:08 PM

Naglabas ng safety warning ang ilang European countries laban sa ilang Lucky Me! products dahil sa mataas umanong lebel ng kemikal na ethylene oxide. Read more »

PH shares snap 4-day winning streak

ABS-CBN News
Posted at Jul 08 12:49 AM

Shares of Monde Nissin also fell after several European countries issued warnings against products from its flagship brand ‘Lucky Me’. Read more »

Several countries order recall of some ‘Lucky Me’ products

ABS-CBN News
Posted at Jul 08 12:45 AM

Food regulators said the affected products contained a banned substance called ethylene oxide. Read more »

Ilang instant noodle products pinapa-recall sa Europa

ABS-CBN News
Updated as of Jul 07 07:21 PM

Pinare-recall ng ilang bansa sa Europa ang ilang instant pancit canton at noodle products dahil nakitaan umano ng isang uri ng kemikal. Read more »

3 countries issue health advisory vs 'Lucky Me'; company assures food safety

Raffy Cabristante, ABS-CBN News
Updated as of Jul 07 10:02 PM

In separate advisories, the governments of Ireland, Malta, and France recalled several variants of Lucky Me! noodle soup and pancit canton, particularly those manufactured between 2021 and 2022. Read more »

Monde Nissin posts higher Q1 revenue, but warns food crisis looms

Art Fuentes, ABS-CBN News
Updated as of May 11 08:23 PM

Processed food giant Monde Nissin released its unaudited first quarter results showing the company's consolidated revenues grew 7.2 percent on the back of strong domestic sales. Read more »

Monde Nissin income slides amid rising cost of inputs

Art Fuentes, ABS-CBN News
Posted at Mar 24 09:40 PM

Monde Nissin said its revenues edged up in the last quarter of 2021, but net income still slipped as the company faced rising costs to production. Read more »

Monde Nissin pursuing long-term growth plans despite pandemic setbacks

Jessica Fenol. ABS-CBN News
Posted at Nov 11 05:06 PM

Monde Nissin said Thursday it remained focused on its long-term growth plans despite setbacks due to logistical issues brought by the COVID-19 pandemic. Read more »

Monde Nissin inks deal with SBCorp for sari-sari loans

ABS-CBN News
Posted at Sep 23 11:20 AM

Monde Nissin Corp on Thursday said it signed an agreement with the Small Business Corp (SBCorp) to give sari-sari stores wider access to loans. Read more »

Lucky Me maker H1 income declines but sales rise

ABS-CBN News
Posted at Aug 12 06:45 PM

Monde Nissin, the company behind the popular Lucky Me instant noodles, disclosed that its net income declined in the first half even as sales edged up. Read more »

Monde Nissin approves change in use of IPO proceeds

ABS-CBN News
Posted at Aug 10 11:29 AM

Monde Nissin Corp said Tuesday its board approved the change in use of its initial public offering (IPO) proceeds previously earmarked for capital expenditures. Read more »

Sustainability, liquidity among drivers of Monde Nissin's 'goldilocks' IPO: analyst

ABS-CBN News
Posted at Jun 02 11:29 AM

The successful listing of Monde Nissin in the Philippine Stock Exchange following its blockbuster initial public offer (IPO) is fuelled by the company's focus, sustainable growth, management track record and liquidity, Evercore Asia senior adviser Stepen Stephen Cuunjieng told ANC.  Read more »

Monde Nissin debuts in PH stock exchange as country's biggest IPO

ABS-CBN News
Posted at Jun 01 10:37 PM

Philippine shares posted a flat finish even as trading volumes improve amid the landmark listing of food manufacturer Monde Nissin. Read more »

Brand affinity plays 'major role' in successful Monde Nissin IPO: PSE president

Jessica Fenol, ABS-CBN News
Updated as of Jun 01 11:40 AM

Brand affinity likely played a major role in the successful initial public offer of homegrown brand Monde Nissin, Philippine Stock Exchange president and CEO Ramon Monzon said Tuesday during the company's listing ceremony.   Read more »

Lucky Me! maker Monde Nissin debuts on PSE after blockbuster IPO

Jessica Fenol and Michelle Ong, ABS-CBN News
Updated as of Jun 02 08:13 AM

Monde Nissin on Tuesday listed in the Philippine Stock Exchange following the country's largest initial public offer. Read more »

Monde Nissin books Philippines' biggest initial public offering

ABS-CBN News
Posted at May 26 02:32 PM

Monde Nissin's stock debut is the largest ever on the Philippines Stock Exchange and the largest food and beverage IPO in Southeast Asia.  Read more »

'Lucky Me' maker set to hold Philippines' biggest IPO next week: sources

Reuters
Updated as of May 06 04:19 PM

Food manufacturer MondeNissin plans to open the books for a P48.6 billion ($1 billion) IPO next Tuesday at a fixed price of P13.50, people with knowledge of the transaction said. Read more »