--FILE--boutiques d'un client pour des bouteilles de l'eau minéralisée de Maître Kong Tingyi (Îles Caïmanes) Holding Corp. dans un supermarché à Shanghai, Chine, 19
--FILE--A customer shops for bottles of Master Kong mineralized water of Tingyi (Cayman Islands) Holding Corp. at a supermarket in Shanghai, China, 19 September 2012. Chinas largest instant noodle maker Tingyi (Cayman Islands) Holding Corp said on Monday (26 August 2013) its first-half net profit fell 31.4 percent due to increasing spending on advertising and slowing demand for noodles and beverages in China. Hong Kong-listed Tingyi, owner of the Master Kong brand and a partner with PepsiCo Inc in China, said profit for the six months ended June totalled $196.7 million, down from a restated $286.7 million a year earlier. The result lagged an average forecast of $213 million for the first half from five analysts polled by Thomson Reuters. Tingyi, which posted a 47 percent fall in profit to $104.9 million for the quarter ended March, saw profit for the April-June quarter total $91.8 million, up from $87.2 million a year earlier, and down from an average forecast of $108 million, according to Reuters calculations.
