JAPAN: Kirin expecting H1 8% profit rise - report
The Japanese beverage maker Kirin Brewery is expecting an 8% rise in first half profits, an increase from previous estimates of 5% thanks to strong earnings at its pharmaceutical operations and subsidiaries, the Nihon Keizai Shimbun reported, citing unnamed company sources.
The company will release its first-half figures late this month, the report said.
The report said that first half sales rose 3% year-on-year to slightly less than ¥760 billion.
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