Asahi Group HY Profit Down

03-Aug-2016 - Japan

Asahi Group Holdings Ltd. reported that its profit attributable to owners of the parent for half-year ended June 30, 2016 declined to 28.55 billion yen from 39.48 billion yen he prior year. earnings per share were 62.31 yen, down from 85.50 yen last year.

Net sales for the period improved to 863.70 billion yen from 856.82 billion in the prior year.

Looking ahead for fiscal year ended December 31, 2016, the company expects profit attributable to owners of the parent of 80.00 billion yen or 174.63 yen per share, operating income of 140.70 billion yen, and net sales of $1.86 trillion yen. (dpa)

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