News

JAPAN: Kyowa Hakko Kogyo cuts profit forecast

Most popular

Should Campari Group be renamed Aperol Group?

Why water has become more important than wine

just-drinks speaks to A-B InBev CEO Carlos Brito

just-drinks' M&A database - Oct 18

MORE

The liquor, chemical and food group, Kyowa Hakko Kogyo Co, has cut its earnings forecast for the year to the end of March, attributing the slower performance to weaker sales and additional restructuring costs.   The company now forecasts a group net profit of Y5.5 billion for the year, compared with its November estimate of Y8 billion. Kyowa Hakko Kogyo also said it is forecasting a group operating profit of Y21 billion on revenue of Y381 billion, against its previous prediction of operating profit of Y23 billion on sales of Y387 billion.


Related Content

Flat Q1 for Remy Cointreau, but profit growth forecast for FY - results

Flat Q1 for Remy Cointreau, but profit growth forecast for FY - results...

Molson Coors 2015 woes continue despite return to profit in Q3, appoints interim CFO

Molson Coors 2015 woes continue despite return to profit in Q3, appoints interim CFO...

Comment - Constellation Brands Cuts the Dead Wood

Comment - Constellation Brands Cuts the Dead Wood...

JAPAN: Asahi Calpis purchase makes sense for Ajinomoto - analyst

JAPAN: Asahi Calpis purchase makes sense for Ajinomoto - analyst...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?