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Asahi beer sales outlook positive in '93.

Despite Asahi Breweries Ltd.'s report that its unconsolidated pre-tax profit fell 20 percent in 1992, the Japanese brewer expects its beer sales will continue on a positive track this year.

For the year, Asahi forecasted a 3.3-percent rise in its pretax profit to 14.5 billion yen. Likewise, it expects its net profit to increase 10 percent to 4.5 billion yen, and sales to rise 5.1 percent to 810 billion yen.

Asahi officials said cost-cutting efforts and its increased sales helped it reap a 91-percent rise in operating profit during the 1992 to 35.9 billion yen.
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Title Annotation:Asahi Breweries Ltd.
Publication:Modern Brewery Age
Date:Mar 1, 1993
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