免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

Shares of Lion Nathan Ltd, Australia's second-largest brewer, rose 3 percent after it said its Chinese breweries will break even this year, allowing it to meet its A$180 million (US$117 million) earnings target.

Lion Nathan's Chinese brewing volumes rose 18 percent in the three months to June 30, suggesting the SARS outbreak didn't dent sales much as people stayed at home during the epidemic rather than risk infection in restaurants and bars. "Three months on, (the) threat has abated," Sydney-based Lion said.

"There was a risk that consumer sentiment would remain subdued for a little while longer - the news about China was a pleasant surprise," said Craig Wool-ford, an analyst at Common-wealth Research Equities, who rates the stock a "buy."

Lion Nathan, which is 46 percent owned by Japan's Kirin Brewery Co, is ending losses in China, after it started there in 1995, by adding Kirin brands to its range. It has tried for about eight years to make a profit in China, the world's second-largest beer market, by competing with local brands.

Shares of Lion Nathan rose 14 cents to A$5.48 at 12:31 pm yesterday in Sydney and earlier rose as high as A$5.50. The shares have shed 3.4 percent this year.

Earlier this year, it started making beer in China for Kirin using spare capacity at its Suzhou brewery. China accounted for less than 4 percent of Lion Nathan's sales last year though it was the fastest-growing business by revenue.

"With the SARS epidemic now over, volume growth has strengthened and performance is expected to be in line with previous guidance," Lion Nathan's statement said.

Lion Nathan in December forecast earnings from operations this year will rise 11 percent to A$180 million. It reiterated the forecast at its first-half results in May while saying meeting the target would depend on the impact of SARS.

Close

Today's Top News		Top Business News
+The next great leap after Shenzhou V ( 2003-10-21) +Hu calls for balanced development ( 2003-10-21) +Report: SARS not airborne virus ( 2003-10-21) +Japan urged to resolve weapons issue ( 2003-10-21) +Int'l AIDS group opens Beijing office ( 2003-10-21)		+Home-appliance giants want wheels ( 2003-10-21) +Exchange-rate reform under study ( 2003-10-21) +Health insurance sector called for ( 2003-10-21) +SanDisk teams up to open outlets ( 2003-10-21) +Housing prices start to sag in Shanghai ( 2003-10-21)