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Kao Likely To See 10-Percent Profit Boost In 2016, Analysts Say

January 17, 2017: 12:00 AM EST
Kao is expected to have raised its group operating profit 10 percent to approximately 190 billion yen, or $1.66 billion, in 2016. Earlier, the company has projected operating profit to reach 184 billion yen for the year, with sales expected to have reached about 1.55 trillion yen. Sales were driven by the growing number of households in the country.
"Kao seen boosting profit 10% for 2016", Nikkei, January 17, 2017, © Nikkei Inc.
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