BRIEF-Monde Nissin FY Core Net Income Attributable Falls 5.4%

March 24 (Reuters) – Monde Nissin Corp MONDE.PS:

• FULL YEAR CORE NET INCOME ATTRIBUTABLE DECREASED 5.4% TO 8.2 BILLION PESOS

• FY CONSOLIDATED REVENUE 69.3 BILLION PESOS, UP 2.0%

• “ALL THE WORK INITIATED IN 2021 HAS SET US UP FOR GROWTH IN 2022”

• DUE TO SITUATION IN UKRAINE, CO HAS TAKEN STEPS IN MITIGATING POTENTIAL SUPPLY CHAIN DISRUPTIONS

• DUE TO SITUATION IN UKRAINE, REVIEWING KEY RAW MATERIALS & ENSURING CO MAINTAINS HIGHER BUFFER LEVELS

• SEES CONTINUED NEAR-TERM MARKET CHALLENGES FOR MEAT ALTERNATIVES BUT LONG-TERM NEED FOR ALTERNATIVE PROTEIN SOURCE REMAINS

Source text for Eikon: ID:nPSXbxfJLD

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