China's Tingyi says H1 profit down 31 pct, lags forecast
August 26, 2013 at 00:16 AM EDT
HONG KONG, Aug 26 (Reuters) - China's largest instant noodle maker Tingyi (Cayman Islands) Holding Corp said on Monday its first-half net profit fell 31.4 percent due to increasing spending on advertising and slowing demand for noodles and beverages in China.