|Bid||47.900 x 0|
|Ask||48.150 x 0|
|Day's Range||47.000 - 48.200|
|52 Week Range||29.050 - 51.750|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||40.16|
|Forward Dividend & Yield||0.51 (1.38%)|
|1y Target Est||36.85|
China's second-largest beer maker Tsingtao Brewery Co Ltd posted a 12.6 percent rise in 2018 net profit, helped by its efforts to control costs, prevent excess production, enhance product mix and boost efficiency. The iconic Chinese beer maker, which competes with larger local rival China Resources Beer (Holdings) Co Ltd, made a net profit of 1.42 billion yuan ($210.7 million) for the January to December period, versus 1.26 billion yuan a year earlier, the brewer said in a filing to the Hong Kong bourse late on Thursday. It was the highest profit since 2015 when it reported profit of 1.71 billion yuan.
March 28 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS 2018 NET PROFIT UP 12.6 PERCENT Y/Y Source text in Chinese: https://bit.ly/2Ywx3PF Further company coverage: (Reporting by Hong Kong newsroom)
Assessing Tsingtao Brewery Company Limited’s (HKG:168) past track record of performance is a valuable exercise for investors. It enables us to reflect on whether the company has met or exceed Read More...
Oct 26 (Reuters) - Tsingtao Brewery Co Ltd: * 9-MONTH REVENUE RMB23.64 BILLION, UP 1.09 PERCENT * 9-MONTH NET PROFIT ATTRIBUTABLE RMB2.10 BILLION, UP 12.32 PERCENT Source text for Eikon: Further company ...
HONG KONG, Aug 28 (Reuters) - China's second largest beer maker Tsingtao Brewery Co Ltd said on Tuesday first-half profit rose 13.4 percent helped by its efforts to control costs, prevent excess production ...
Aug 28 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS 6-MONTH NET PROFIT UP 13.4 PERCENT Y/Y Source text in Chinese: https://bit.ly/2odW7dc Further company coverage: (Reporting by Hong Kong newsroom)
HONG KONG/SHANGHAI (Reuters) - Heineken is taking a $3.1 billion (£2.3 billion) stake in the parent of China Resources Beer, China's top brewer, to tap a growing thirst for premium brands in the world's biggest beer market. The world's No. 2 brewer will take a 40 percent holding in CRH Beer, giving it a strong distribution network in China and greater access to a market it has so far found tough to crack. For CR Beer, the maker of the locally popular Snow beer, the deal is a way to get into the foreign-dominated premium sector at a time when Chinese demand for lower-end brands is waning.
June 28 (Reuters) - Tsingtao Brewery Co Ltd: * WANG RUI YONG WAS ELECTED AS EXECUTIVE DIRECTOR Source text for Eikon: Further company coverage:
June 28 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS BOARD ELECTS HUANG KEXING AS CHAIRMAN Source text in Chinese: https://bit.ly/2lG8JZD Further company coverage: (Reporting by Hong Kong newsroom)
Tsingtao Brewery Company Limited (HKG:168), a beverage company based in China, saw a double-digit share price rise of over 10% in the past couple of months on the SEHK. WithRead More...
June 15 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS IT SIGNS STRATEGIC COOPERATION FRAMEWORK AGREEMENT WITH FOSUN INTERNATIONAL Source text in Chinese: https://bit.ly/2ymM51F Further company coverage: ...
Investors in Chinese brewing stocks may have beer goggles on. While the sector lags behind global brewers in operating margins and earnings growth, the companies trade at a premium that outstrips their peer average by several times -- thanks in part to the U.S.-China trade tension that recently sparked a wave of demand for shares of domestically focused sectors from beverage to health care. To Sanford C. Bernstein analyst Euan McLeish, those investors’ only hope is for a “moonshot” of sorts.
April 26 (Reuters) - Tsingtao Brewery Co Ltd : * SAYS Q1 NET PROFIT UP 15.16 PERCENT Y/Y Source text in Chinese: https://bit.ly/2FhFDHe Further company coverage: (Reporting by Hong Kong newsroom)