Tingyi (Cayman Islands) Holding Corp

STU:TYG (China)  
€ 1.18 (+11.32%) Aug 27
15.73
P/B:
3.77
Market Cap:
€ 6.55B ($ 7.28B)
Enterprise V:
€ 6.88B ($ 7.66B)
Volume:
-
Avg Vol (2M):
-
Trade In:

Business Description

Description
Tingyi is a major producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most popular. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.