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Tsingtao Brewery Co., Ltd. Report for the first quarter of 2025
TSINGTAO BREW: 2025 FIRST QUARTERLY REPORT
In Q1, Tsingtao Brewery's net income increased by 7.08% year-on-year, with the main brand's sales steadily growing by 4.1%.
Tsingtao Brewery's profitability steadily improved in Q1. Revenue grew by 2.91% year-on-year, and net income increased by 7.08% year-on-year. The main brand, Tsingtao Brewery, saw a steady sales growth of 4.1%, with online sales reaching a record high. On the 28th, Tsingtao Brewery announced its first-quarter performance: Revenue: 10.45 billion yuan, an increase of 2.9% year-on-year. Net income: The net income attributable to shareholders of the listed company reached 1.71 billion yuan, an increase of 7.08% year-on-year. EPS: 1.254 yuan, compared to 1.172 yuan for the same period last year, a growth of 6.72%. Sales steadily increased, and structural optimization showed significant results as revealed in the earnings reports.
Express News | Tsingtao Brewery Q1 Net Profit up 7.1% Y/Y
TSINGTAO BREW: ANNUAL REPORT 2024
[Brokerage Focus] Guotai Haitong SEC indicates that expectations for domestic demand stimulus are strengthening, and the Beer Sector is both resilient and flexible.
Jinwu Financial News | GUOTAI HAITONG SEC stated that the expectations for domestic demand stimulation have strengthened, showing both elasticity and resilience in the Beer Sector. The company anticipates that changes in the competitive landscape will bring local economic opportunities. They reaffirm their annual view of a month-on-month recovery in prosperity, falling costs, and moderate competition. The logic for price increases has weakened, while the logic for margin improvement and dividends has strengthened, catalyzing a recovery in prosperity. With the peak season approaching, it is advised to focus on the Beer Sector. According to terminal sales and inventory estimates, the company expects that the overall shipment volume of industry leaders has not yet recovered in mid-January to February, but significant improvement in shipment volume is expected from the end of February to March. They anticipate that for Q1 25, the industry leaders (excluding Bai) will...
