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Tsingtao Brewery

BRIEF: Tsingtao Brewery profit dips on sluggish beer market

Tsingtao Brewery Co. Ltd. (0168.HK; 600600.SH) said Tuesday that its revenue fell 5.3% to 8.89 billion yuan ($1.25 billion) in the third quarter, while its net profit fell 9% to…
October 30, 2024
0158.HK 600600.SHG
Budweiser APAC, Beer, Tsingtao Brewery, Beijing Yanjing Brewery, San Miguel Brewery, China Resources Beer, Consumption downgrade.

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…
May 17, 2024

Recent Articles

October 30, 2024

BRIEF: Tsingtao Brewery profit dips on sluggish beer market

0158.HK 600600.SHG
May 17, 2024

Slump from post-Covid high leaves Budweiser APAC with earnings hangover

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