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: 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…
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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