KNBWF - Kirin Holdings: Q1 Performance Had Mixed Takeaways
2025-05-21 12:57:36 ET
Summary
- I remain Neutral on Kirin Holdings, as both positives and negatives emerged from the latest quarterly results.
- 1Q25 operating income grew by a reasonably strong 10%, but this was helped by non-recurring items.
- Kirin's domestic beverage segment didn't do as well as its key competitors; but there were improvements with its Oceania beer and health science divisions.
I'm still Neutral on Kirin Holdings Company, Limited ( OTCPK:KNBWF ) ( OTCPK:KNBWY ) (2503.T) or "KHCL". The previous October 9, 2024 write-up analyzed KNBWF's businesses unrelated to beverages....
Kirin Holdings: Q1 Performance Had Mixed Takeaways