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Japanese brewers report increases.

Japan's Asahi Breweries Ltd., has reported a 1991 pretax profit rise of 1.2 percent, or 17.45 billion yen ($136.5 million), according to a report in the Wall Street Journal.

Asahi's net income was up 1.6 percent to 6.22 billion yen, while sales edged up 1.1 percent to 739.13 billion yen.

Additionally, Sapporo Breweries Ltd., slated a 7.5-percent increase of pre-tax profit in 1991 to 9.06 billion yen.

The brewer's sales rose 8.3 percent to 533.29 billion yen, and net income rose 1.2 percent to 4.07 billion yen.

According to a Sapporo spokesperson, the brewer said increased profit from beer sales negated rises in marketing, labor and other related costs.
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Title Annotation:increased profits for Asahi Breweries Ltd. and Sapporo Breweries Ltd.
Publication:Modern Brewery Age
Date:Mar 2, 1992
Words:122
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