Kirin Holdings reports sales down 1%, net profit up 151% in H1 2011
Japan’s Kirin Holdings Company on Friday reported the impact of the Great East Japan Earthquake, which struck on March 11, continued to place downward pressure on the Japanese economy during the first six months of this year, especially in production. Despite the harsh conditions continuing though, constraints on the supply side have been gradually easing and consumer spending is bottoming out, the company said. (more…)