Nissin Foods Company Limited announced that based on preliminary review of the unaudited management accounts of the Group for the year ended 31 December 2017, the group is expected to record significant increase in the consolidated profit attributable to owners of the company for the twelve months ended 31 December 2017 as compared with the same period in 2016, primarily attributable to (i) the gentle increase in revenue generated from operation; and (ii) a non-recurring gain expected to be realized from the disposal in late December 2017 of the production plants located at Songjiang District, Shanghai, the People's Republic of China which has closed down since October 2016 as disclosed in the prospectus of the company dated 29 November 2017.