Kao beauty sales fall 1.1% in 2016

Japan-based Kao group saw its net profit rise 20.7% to ¥127.89bn ($1.14bn) in 2016. Net sales fell 1.1%, to ¥1,457.6bn ($12.95bn). The group was hit by currency effects and said that excluding currency translation, sales would have rose by 3.2%....
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