DBS: Nissin Foods Co Ltd – Buy Target Price HK$8.70 alanyeo 2 years ago Price hikes bearing fruit 2Q22 earnings decline narrowed to 4% y-o-y, broadly in-line with expectationsPrice hike to continue in HK as Nissin Foods engages a premium food strategyTrimmed FY22/23F earnings by 2.7%/1%; Reiterate BUY, TP at HK$8.7 Nissin-Foods_31-Aug-2022_HK_CU-ResultsClick here to Download Full Report in PDF Share this: