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Suntory 1st half net earnings down 24% on ad costs.

Publication: Japan Weekly Monitor
Publication Date: 20-AUG-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
OSAKA, Aug. 17 Kyodo

Beverage company Suntory Ltd. said Friday its group net profit in the first half of fiscal 2001 fell 24.1% from a year earlier to 5.65 billion yen, as advertising expenses overwhelmed its sales profits amid increasing competition in the industry.

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