$Kewpie (2809.JP)$Kirin Holdings Co., Ltd.'s stock price has risen sharply. The company announced its second-quarter earnings the day before, and its operating profit for the March-May period was 10.7 billion yen, more than double that of the same period last year, and significantly higher than the market estimate of around 9 billion yen. As a result, the full-year forecast has been revised upward from the previous 31 billion yen to 34 billion yen, a 72.6% increase compared to the previous year. The company's overseas sales are performing well, due in part to new introductions to major distributors in North America, as well as stable domestic sales and the favorable effects of declining prices for key raw materials.
キユーピー---大幅続伸、第2四半期想定以上の好決算で通期予想を上方修正
Kewpie Corporation has seen a significant increase in profits and has revised their full-year financial estimates upwards, surpassing their Q2 projections.
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