|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||30.80 - 31.16|
|52 Week Range||18.62 - 31.53|
|Beta (3Y Monthly)||0.47|
|PE Ratio (TTM)||18.45|
|Forward Dividend & Yield||0.32 (1.38%)|
|1y Target Est||25.20|
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)
Moody's Japan K.K. has upgraded the long-term issuer and senior unsecured ratings of Asahi Group Holdings, Ltd. to Baa1 from Baa2. At the same time, Moody's has changed the ratings outlook to stable from positive. "Asahi's leverage has fallen faster than our initial expectations," says Motoki Yanase, a Moody's Vice President and Senior Credit Officer.