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Asahi Group Holdings Reports Strong Profit Growth Despite Decline in Comprehensive Income

Story Highlights
  • Asahi Group’s sales increased by 6.2%, reaching 2.94 trillion yen.
  • The company saw a 17.1% rise in profit attributable to owners, despite a 33.2% drop in total comprehensive income.
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Asahi Group Holdings Reports Strong Profit Growth Despite Decline in Comprehensive Income

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Asahi Group Holdings ( (JP:2502) ) has shared an update.

Asahi Group Holdings reported a 6.2% increase in sales, reaching 2.94 trillion yen for the fiscal year ending December 2024. The company’s operating profit rose by 9.8% to 269 billion yen, and profit attributable to owners of the parent increased by 17.1% to 192 billion yen. Despite a decrease in total comprehensive income by 33.2%, the company showed strong profitability, indicating resilience and efficient operational strategies.

More about Asahi Group Holdings

Asahi Group Holdings, Ltd. operates in the general business category, focusing primarily on beverages and food products. The company is listed on the Tokyo Stock Exchange and is known for its comprehensive beverage offerings, including alcoholic and non-alcoholic drinks, with a strong market presence in Japan and internationally.

YTD Price Performance: -10.87%

Average Trading Volume: 1,709

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $16.1B

See more data about 2502 stock on TipRanks’ Stock Analysis page.

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