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Kenya's coffee exports earnings fall on low global prices

STORY: Kenya's coffee exports earnings fall on low global prices DATELINE: June 15, 2023 LENGTH: 00:02:25 LOCATION: NYERI, Kenya CATEGORY: ECONOMY SHOTLIST: 1. various of a coffee plantation 2. various of coffee bushes 3. various of ripe coffee berries 4. various of a farmer inspecting coffee bushes 5. various of a farmer picking ripe coffee berries 6. various of farmers sorting coffee berries 7. various of farmers drying the coffee beans 8. various of cups of coffee with different varieties 9. various of processed coffee in packets 10. various of coffee bags being packed for export STORYLINE: The value of Kenya's coffee earnings in the first quarter of 2023 (Q1) dropped 20.2 percent amid a decline in export volumes and global prices, the Kenya National Bureau of Statistics (KNBS) said in an economic report released Tuesday. The country earned 7.63 billion shillings (about 55 million U.S. dollars) from 11,284 metric tons (MT) of coffee, a decline from 69 million dollars from 11,923 MT in Q1 of 2022, KNBS

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Recruit's 1st half net profit falls 4% to 28.48 bil. yen

Recruit's 1st half net profit falls 4% to 28.48 bil. yen

TOKYO, Japan - Masumi Minegishi, president of Recruit Holdings Co., briefs reporters on the company's half-year earnings report for the April-September period in Tokyo on Nov. 13, 2014. The media and human resources company's net profit for the period fell 4.1 percent from a year earlier to 28.48 billion yen in its first earnings report since listing on the Tokyo Stock Exchange last month.

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Suntory becomes top-selling Japanese brewer

Suntory becomes top-selling Japanese brewer

TOKYO, Japan - Senji Miyake, president of Kirin Holdings Co., briefs reporters about the company's earnings report for the January-June period at a news conference in Tokyo on Aug. 6, 2014. Kirin's sales were surpassed by those of Suntory Holdings Ltd. in the period for the first time since 2009.

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TEPCO logs 1st pretax profit in 4 yrs for April-June qtr.

TEPCO logs 1st pretax profit in 4 yrs for April-June qtr.

TOKYO, Japan - Tokyo Electric Power Co. President Naomi Hirose announces the company's earnings report for the April-June quarter on July 31, 2014, in Tokyo, Japan. TEPCO turned to the black on a group pretax basis in the reporting period for the first time in the four years since the 2011 nuclear crisis at its Fukushima Daiichi power plant.

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Panasonic to return to black for 1st time in 3 yrs on TV sales

Panasonic to return to black for 1st time in 3 yrs on TV sales

TOKYO, Japan - Panasonic Corp. President Fumio Otsubo briefs reporters on the company's earnings report for fiscal 2009 and earnings prospects for fiscal 2010 during a press conference in Osaka on May 7, 2010. Otsubo said he expects the company to return to the black in fiscal 2010 for the first time in three years due to an increase in television sales.

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Panasonic to return to black for 1st time in 3 yrs on TV sales

Panasonic to return to black for 1st time in 3 yrs on TV sales

TOKYO, Japan - Panasonic Corp. President Fumio Otsubo briefs reporters on the company's earnings report for fiscal 2009 and earnings prospects for fiscal 2010 during a press conference in Osaka on May 7, 2010. Otsubo said he expects the company to return to the black in fiscal 2010 for the first time in three years due to an increase in television sales.

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Aeon records group net profit for FY 2009

Aeon records group net profit for FY 2009

TOKYO, Japan - Motoya Okada, president of Aeon Co., speaks about the company's earnings report for the business year ended in February at a news conference in Tokyo on April 14, 2010. Aeon reported a group net profit of 31.12 billion yen, its first black ink in two years, but consolidated sales dropped 3.4 percent, marking the first decline since Aeon began making public its consolidated business results in fiscal 1983.

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Aeon records group net profit for FY 2009

Aeon records group net profit for FY 2009

TOKYO, Japan - Motoya Okada, president of Aeon Co., speaks about the company's earnings report for the business year ended in February at a news conference in Tokyo on April 14, 2010. Aeon reported a group net profit of 31.12 billion yen, its first black ink in two years, but consolidated sales dropped 3.4 percent, marking the first decline since Aeon began making public its consolidated business results in fiscal 1983.

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Toyota logs 1st operating loss in 71 years

Toyota logs 1st operating loss in 71 years

TOKYO, Japan - Toyota Motor Corp. President Katsuaki Watanabe briefs reporters on the company's earnings report for fiscal 2008 during a press conference in Tokyo on May 8. Toyota logged its first group operating loss in 71 years in the business year that ended March 31 and it anticipates an even bigger operating loss of 850 billion yen for fiscal 2009.

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Toshiba sees record net loss in FY 2008

Toshiba sees record net loss in FY 2008

TOKYO, Japan - Toshiba Corp. Executive Vice President Fumio Muraoka briefs reporters on the company's earnings report for fiscal 2008 during a press conference in Tokyo on May 8. Toshiba went into the red for the first time in seven years, recording its biggest-ever group net loss of 343.56 billion yen.

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Toyota logs 1st operating loss in 71 years

Toyota logs 1st operating loss in 71 years

TOKYO, Japan - Toyota Motor Corp. President Katsuaki Watanabe briefs reporters on the company's earnings report for fiscal 2008 during a press conference in Tokyo on May 8. Toyota logged its first group operating loss in 71 years in the business year that ended March 31 and it anticipates an even bigger operating loss of 850 billion yen for fiscal 2009.

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Toyota expecting 1st red ink in FY 2008

Toyota expecting 1st red ink in FY 2008

TOKYO, Japan - Mitsuo Kinoshita, vice president of Toyota Motor Corp., announced in Tokyo on Feb. 6 that Japan's top automaker will report a group net loss of 350 billion yen for the 2008 business year to March, the first red ink since it began releasing net data in 1963. Toyota revised its earnings forecast for the third time due to plummeting sales amid the deepening global economic crisis.

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Nomura posts 492.36 bil. yen net loss for April-Dec. period

Nomura posts 492.36 bil. yen net loss for April-Dec. period

TOKYO, Japan - Masafumi Nakada, chief financial officer of Nomura Holdings Inc., briefs reporters on the company's group earnings report for the first nine months of fiscal 2008 during a press conference in Tokyo on Jan. 27.

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MUFG's net profit falls 64% in FY 2008 1st half

MUFG's net profit falls 64% in FY 2008 1st half

TOKYO, Japan - Nobuo Kuroyanagi, president and CEO of Mitsubishi UFJ Financial Group Inc., briefs reporters on the group's earnings report for the first half of fiscal 2008 during a press conference in Tokyo on Nov. 18.

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Mizuho eyes raising 300 bil. yen in capital

Mizuho eyes raising 300 bil. yen in capital

TOKYO, Japan - Terunobu Maeda, president of Mizuho Financial Group Inc., answers questions from reporters at the Bank of Japan on Nov. 13, where Mizuho released an earnings report for the first half of fiscal 2008.

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Sharp's 1st-half group net profit drops 35.3% to 28.01 bil. yen

Sharp's 1st-half group net profit drops 35.3% to 28.01 bil. yen

TOKYO, Japan - Sharp Corp. President Mikio Katayama talks about the company's earnings report for the first half of fiscal 2008 during a press conference in Osaka on Oct. 30.

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J. Front Retailing's 1st half net profit plunges 58%

J. Front Retailing's 1st half net profit plunges 58%

TOKYO, Japan - Tsutomu Okuda, president of major department store operator J. Front Retailing Co., briefs reporters on the company's earnings report for the first half of fiscal 2008 in Tokyo on Oct. 14.

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Sanyo incurs 24.4% operating profit fall in 1st quarter

Sanyo incurs 24.4% operating profit fall in 1st quarter

OSAKA, Japan - Koichi Maeda, executive vice president of Sanyo Electric Co., announces the company's group earnings report for the first quarter of fiscal 2008 during a press conference in Osaka on Aug. 7.

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Japan Post sees higher than expected profits in 1st 6 months

Japan Post sees higher than expected profits in 1st 6 months

TOKYO, Japan - Yoshifumi Nishikawa, president of Japan Post Holdings Co., briefs reporters on the company's group earnings report for the first six months of its 10-year privatization process in Tokyo on May 30.

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Sanyo returns to black in FY 2007 for 1st time in 4 years

Sanyo returns to black in FY 2007 for 1st time in 4 years

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., speaks about the company's group earnings report for fiscal 2007 at a hotel in Osaka on May 22. Sanyo returned to the black for the first time in four years due to robust sales of rechargeable batteries and digital cameras.

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Competition, tax rule change put drag on Sharp's FY 2007 profit

Competition, tax rule change put drag on Sharp's FY 2007 profit

OSAKA, Japan - Sharp Corp. President Mikio Katayama briefs reporters on the company's earnings report for fiscal 2007 in Osaka on April 25. Sharp's group operating profit fell 1.5 percent to 183.69 billion yen for the first fall in six years.

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Mitsubishi UFJ's 1st-half group net profit plunges 49%

Mitsubishi UFJ's 1st-half group net profit plunges 49%

TOKYO, Japan - Nobuo Kuroyanagi, president of Mitsubishi UFJ Financial Group Inc., briefs reporters on the group's earnings report for the first half of fiscal 2007 at the Bank of Japan's headquarters in Tokyo on Nov. 21.

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Toyota sees record 1st-half business results, raises forecasts

Toyota sees record 1st-half business results, raises forecasts

NAGOYA, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on the company's group earnings report for the April-September first half of the current business year at the Nagoya Stock Exchange in Nagoya on Nov. 7.

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Toyota sees record 1st-half business results, raises forecasts

Toyota sees record 1st-half business results, raises forecasts

NAGOYA, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on the company's group earnings report for the April-September first half of the current business year at the Nagoya Stock Exchange in Nagoya on Nov. 7.

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Matsushita's FY 2006 sales top 9 trillion yen for 1st time

Matsushita's FY 2006 sales top 9 trillion yen for 1st time

TOKYO, Japan - Matsushita Electric Industrial Co. President Fumio Otsubo briefs reporters on the company's group earnings report for fiscal 2006 in Tokyo on April 27. Matsushita's group sales surpassed 9 trillion yen for the first time, backed by robust global sales of its flat-panel TVs and a weaker yen.

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Sumitomo Mitsui's 1st-half group net profit dives 37.9%

Sumitomo Mitsui's 1st-half group net profit dives 37.9%

TOKYO, Japan - Teisuke Kitayama, president of Sumitomo Mitsui Financial Group Inc., speaks about the company's earnings report for the first-half of fiscal 2006 at the Bank of Japan's head office in Tokyo on Nov. 22.

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Resona's 1st-half net profit rockets on tax effects accounting

Resona's 1st-half net profit rockets on tax effects accounting

TOKYO, Japan - Resona Holdings Inc. President Eiji Hosoya briefs reporters on the company's earnings report for the first-half of fiscal 2006 at the Bank of Japan's head office in Tokyo on Nov. 22.

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Mizuho Financial's 1st-half net profit rises 15.9%

Mizuho Financial's 1st-half net profit rises 15.9%

TOKYO, Japan - Terunobu Maeda, president of Mizuho Financial Group Inc., briefs reporters about the group's earnings report for the first half of fiscal 2006 at a news conference at the Bank of Japan's head office in Tokyo on Nov. 20.

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Yoshinoya swings back into black in 1st half

Yoshinoya swings back into black in 1st half

TOKYO, Japan - Shuji Abe, president of restaurant chain Yoshinoya D&C Co., briefs reporters on the company's earnings report for the first half of the current business year in Tokyo on Oct. 6.

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Mazda posts record-high group sales, net profit in 1st half

Mazda posts record-high group sales, net profit in 1st half

HIROSHIMA, Japan - Mazda Motor Corp. President Hisakazu Imaki speaks about the company's earnings report for the first half of fiscal 2005 at a news conference at a hotel in Hiroshima on Nov. 2.

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Nippon Life solvency margin ratio up in 1st half

Nippon Life solvency margin ratio up in 1st half

TOKYO, Japan - Mitsuhiro Ishibashi (C), vice president of Nippon Life Insurance Co., briefs reporters on the company's earnings report for the first half of fiscal 2003 at the Bank of Japan's head office in Tokyo Nov. 27.

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Mitsubishi Motors falls into red in 1st half

Mitsubishi Motors falls into red in 1st half

TOKYO, Japan - Mitsubishi Motors Corp. President Rolf Eckrodt speaks about the company's earnings report for the first half of the current business year in Tokyo on Nov. 11.

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NTT reports record-setting group net profit for FY 1st half

NTT reports record-setting group net profit for FY 1st half

TOKYO, Japan - Norio Wada, president of Nippon Telegraph and Telephone Corp. (NTT), briefs reporters in Tokyo on Nov. 11 about the NTT group's earnings report for the first half of the current fiscal year.

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Softbank's 1st-half net loss widens

Softbank's 1st-half net loss widens

TOKYO, Japan - Masayoshi Son, president of Internet investor Softbank Corp., briefs reporters Nov. 10 on the company's earnings report for the first half of the current fiscal year at the Tokyo Stock Exchange.

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Toyota reports record sales, profits in 1st half

Toyota reports record sales, profits in 1st half

NAGOYA, Japan - Toyota Motor Corp. Vice President Takashi Araki briefs reporters on the company's earnings report for the six months ended Sept. 30 at Nagoya Stock Exchange on Nov. 5. Toyota posted record group sales and profits for the first half of fiscal 2003.

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NTT DoCoMo posts 168.35 bil. yen loss for 1st half

NTT DoCoMo posts 168.35 bil. yen loss for 1st half

TOKYO, Japan - NTT DoCoMo Inc. President Keiji Tachikawa speaks at a press conference in Tokyo on Nov. 7 about the company's midterm earnings report. NTT DoCoMo posted an unconsolidated net loss of 168.35 billion yen in the fiscal first half to Sept. 30. At the group level, the company managed to log a net profit of 4.17 billion yen.

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Softbank's 1st-half net loss widens

Softbank's 1st-half net loss widens

TOKYO, Japan - Masayoshi Son, president of Internet investor Softbank Corp., briefs reporters Nov. 10 on the company's earnings report for the first half of the current fiscal year at the Tokyo Stock Exchange. (Kyodo)

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NTT reports record-setting group net profit for FY 1st half

NTT reports record-setting group net profit for FY 1st half

TOKYO, Japan - Norio Wada, president of Nippon Telegraph and Telephone Corp. (NTT), briefs reporters in Tokyo on Nov. 11 about the NTT group's earnings report for the first half of the current fiscal year. (Kyodo)

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Yoshinoya swings back into black in 1st half

Yoshinoya swings back into black in 1st half

TOKYO, Japan - Shuji Abe, president of restaurant chain Yoshinoya D&C Co., briefs reporters on the company's earnings report for the first half of the current business year in Tokyo on Oct. 6. (Kyodo)

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Mizuho Financial's 1st-half net profit rises 15.9%

Mizuho Financial's 1st-half net profit rises 15.9%

TOKYO, Japan - Terunobu Maeda, president of Mizuho Financial Group Inc., briefs reporters about the group's earnings report for the first half of fiscal 2006 at a news conference at the Bank of Japan's head office in Tokyo on Nov. 20. (Kyodo)

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Resona's 1st-half net profit rockets on tax effects accounting

Resona's 1st-half net profit rockets on tax effects accounting

TOKYO, Japan - Resona Holdings Inc. President Eiji Hosoya briefs reporters on the company's earnings report for the first-half of fiscal 2006 at the Bank of Japan's head office in Tokyo on Nov. 22. (Kyodo)

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Sumitomo Mitsui's 1st-half group net profit dives 37.9%

Sumitomo Mitsui's 1st-half group net profit dives 37.9%

TOKYO, Japan - Teisuke Kitayama, president of Sumitomo Mitsui Financial Group Inc., speaks about the company's earnings report for the first-half of fiscal 2006 at the Bank of Japan's head office in Tokyo on Nov. 22. (Kyodo)

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Matsushita's FY 2006 sales top 9 trillion yen for 1st time

Matsushita's FY 2006 sales top 9 trillion yen for 1st time

TOKYO, Japan - Matsushita Electric Industrial Co. President Fumio Otsubo briefs reporters on the company's group earnings report for fiscal 2006 in Tokyo on April 27. Matsushita's group sales surpassed 9 trillion yen for the first time, backed by robust global sales of its flat-panel TVs and a weaker yen. (Kyodo)

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Toyota sees record 1st-half business results, raises forecasts

Toyota sees record 1st-half business results, raises forecasts

NAGOYA, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on the company's group earnings report for the April-September first half of the current business year at the Nagoya Stock Exchange in Nagoya on Nov. 7. (Kyodo)

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Toyota sees record 1st-half business results, raises forecasts

Toyota sees record 1st-half business results, raises forecasts

NAGOYA, Japan - Mitsuo Kinoshita, executive vice president of Toyota Motor Corp., briefs reporters on the company's group earnings report for the April-September first half of the current business year at the Nagoya Stock Exchange in Nagoya on Nov. 7. (Kyodo)

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Mitsubishi UFJ's 1st-half group net profit plunges 49%

Mitsubishi UFJ's 1st-half group net profit plunges 49%

TOKYO, Japan - Nobuo Kuroyanagi, president of Mitsubishi UFJ Financial Group Inc., briefs reporters on the group's earnings report for the first half of fiscal 2007 at the Bank of Japan's headquarters in Tokyo on Nov. 21. (Kyodo)

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Competition, tax rule change put drag on Sharp's FY 2007 profit

Competition, tax rule change put drag on Sharp's FY 2007 profit

OSAKA, Japan - Sharp Corp. President Mikio Katayama briefs reporters on the company's earnings report for fiscal 2007 in Osaka on April 25. Sharp's group operating profit fell 1.5 percent to 183.69 billion yen for the first fall in six years. (Kyodo)

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Sanyo returns to black in FY 2007 for 1st time in 4 years

Sanyo returns to black in FY 2007 for 1st time in 4 years

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., speaks about the company's group earnings report for fiscal 2007 at a hotel in Osaka on May 22. Sanyo returned to the black for the first time in four years due to robust sales of rechargeable batteries and digital cameras. (Kyodo)

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Japan Post sees higher than expected profits in 1st 6 months

Japan Post sees higher than expected profits in 1st 6 months

TOKYO, Japan - Yoshifumi Nishikawa, president of Japan Post Holdings Co., briefs reporters on the company's group earnings report for the first six months of its 10-year privatization process in Tokyo on May 30. (Kyodo)

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Sanyo incurs 24.4% operating profit fall in 1st quarter

Sanyo incurs 24.4% operating profit fall in 1st quarter

OSAKA, Japan - Koichi Maeda, executive vice president of Sanyo Electric Co., announces the company's group earnings report for the first quarter of fiscal 2008 during a press conference in Osaka on Aug. 7. (Kyodo)

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