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Sapporo Viet Nam announces 20% revenue growth

Update: October, 06/2015 - 09:06
Workers label brewery cans at Sapporo Viet Nam. The company has reported year-to-date revenue growth of 20 per cent. — Photo thanhnien.com.vn HCM CITY (Biz Hub) — Japanese brewer Sapporo Viet Nam has reported year-to-date revenue growth of 20 per cent.
HCM CITY (VNS)  — Japanese brewer Sapporo Viet Nam has reported year-to-date revenue growth of 20 per cent.

The company's general director, Mikio Masawaki, at a media briefing late last week, said however the company has yet to break even three years after coming to Viet Nam.

He ascribed it to the fact that Sapporo is still focused on developing its brands and setting up facilities rather than revenues.

But he expected that in the next 10 years Sapporo Viet Nam would contribute 10 per cent of the company's global revenues. In 2016 the company expects revenue to continue growing in double digits, he said. — VNS


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