BRIEF: Budweiser APAC profit sags amid weaker margins
Beer maker Budweiser Brewing Co. APAC (1876.HK) announced on Tuesday its net profit fell 3.4% year-on-year to $226 million in the first quarter. Its normalized EBITDA came in at $463…
BRIEF: Tsingtao Brewery revenue falls but profit rises in first quarter
Beer maker Tsingtao Brewery Co. Ltd. (0168.HK) on Monday reported its revenue fell 1.54% year-over-year to 10.29 billion yuan ($1.51 billion) in the first quarter. But it bucked the top-line…
BRIEF: Budweiser APAC’s profit, revenue fall on China slowdown
Budweiser Brewing Co. APAC (1876.HK) said on Thursday that its revenue last year fell 7.7% from 2024 to $5.76 billion, while its annual profit slid 32.6% to $489 million. The…
Kingstar brews up new IPO flavor with Chinese-style craft beers
The brewer could become Hong Kong’s first new beer listing in years, delivering high growth by pivoting to craft beers in an otherwise stagnating industry Key Takeaways: Kingstar Brewery has…
Mixue dips toe into beer market with first major post-IPO purchase
The leading milk tea chain will pay $40 million for 51% of Fulujia, one of the country’s leading operators of stores selling beer-based drinks Key Takeaways: Mixue will pay 285.6…
BRIEF: San Miguel records revenue, profit growth in first half of 2025
San Miguel Brewery Hong Kong Ltd. (0236.HK) said on Monday its revenue rose 3.2% year-on-year in the first half of 2025 to $390 million, while its profit rose 31.9% to…
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…
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