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Earnings Analysis: 
Kirin Holdings Net Plunges 56%
Author: Trupti Mehta
123jump.com
Last Update: 10:09 AM ET November 06 2009


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Kirin Holdings Company, Limited nine months revenues fell 1.8% to ¥1.67 trillion and net profit fell 56% to ¥41.71 billion or ¥43.67 a share.

 
00:08PM Tokyo, Japan - Kirin Holdings Company, Limited revenues fell 1.8% and net profit fell 56%.

Kirin Holdings Company, Limited, the beverage maker said nine months revenues fell 1.8% to ¥1.67 trillion from ¥1.70 trillion a year ago. Net profit for the nine months fell 56% to ¥41.71 billion or ¥43.67 per diluted share compared to net profit of ¥95.64 billion a year ago.

Kirin Holdings Company, Limited, in the last one year traded as high as ¥1,542.00 in October 2009 and as low as ¥875.00 in March 2009. Based on the yesterday’s closing price of ¥1,448.00 the company has market cap of ¥1.42 trillion.
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