Sapporo Holdings Limited reported consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company's net sales were JPY 108.8 billion compared to JPY 111.3 billion a year ago. Operating loss was JPY 4.2 billion compared to JPY 5.5 billion a year ago. Loss attributable to owners of the parent was JPY 3.6 billion compared to JPY 4.3 billion a year ago. Basic loss per share was JPY 46.09 compared to JPY 55.03 for the same period a year ago.

For the year ending December 31, 2019, the company expects net sales of JPY 548.8 billion, operating profit of JPY 12.6 billion, profit attributable to owners of parent of JPY 8.7 billion and basic earnings per share of JPY 111.70.