BRIEF: China weakness drags down Budweiser APAC’s profit, revenue
Beer maker Budweiser Brewing Co. APAC Ltd. (1876.HK) (Bud APAC) said on Wednesday its revenue fell 7% last year to $6.25 billion, while its profit dropped by 14% to $726…
Budweiser’s China glass drains as consumers have less to toast
The brewer’s Asia unit is being tripped up by slowing business in its largest regional market where a slowing economy is leading to growing consumer caution Key Takeaways: Budweiser APAC’s…
Slump from post-Covid high leaves Budweiser APAC with earnings hangover
The premium beer company has struggled to maintain its post-pandemic sales pace in a fiercely competitive market, but major sporting events later this year could boost demand Key Takeaways: Budweiser…
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