JAPAN: Calpis forecasting 11% profit growth

By just-drinks.com editorial team | 18 December 2002

Japanese beverage group, Calpis Co., has forecast an 11% rise in group pre-tax profit to Y3.95 billion, compared with last year. However, rising sales, promotional and advertising costs will result in profits falling Y250m short of an earlier forecast.

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Japanese beverage group, Calpis Co., has forecast an 11% rise in group pre-tax profit to Y3.95 billion, compared with last year. However, rising sales, promotional and advertising costs will result in profits falling Y250m short of an earlier forecast.

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