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China Resources Beer Holdings Says HY Unaudited Consolidated Turnover Up 7.2%
China Resources Beer Holdings Co Ltd Posts FY Profit Attributable RMB977 Mln
China Resources Beer Holdings Approved And Adopted A Dividend Policy On Nov 21
China Resources Beer (Holdings) Company Limited is a Hong Kong-based investment holding company principally engaged in beer businesses. The Company’s main businesses include the manufacture, sales and distribution of beer products. It mainly operates in China and Hong Kong. The Company’s subsidiaries include CRE Beverage Trading Limited, China Resources Snow Breweries Limited and China Resources Snow Breweries (Sichuan) Co., Ltd, among others.
39/F, China Resources Building
26 Harbour Road
Chief Executive Officer, Executive Director
Po Sing Lai
Chief Financial Officer, Company Secretary, Executive Director
Ni Hium Lai
Lai Shu Tuen Muk
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
* Says Heineken deal to boost presence in China's premium mkt (Adds company comment, updates shares)
China Resources Beer (Holdings) Co Ltd on Friday posted a 29 percent rise in first-half net profit thanks to an increase in average selling prices and improved sales of higher-margin premium beers.
Heineken said it signed a non-binding agreement with China Resources Enterprise Limited and China Resources Beer Holdings and will become a minority partner with a 40 percent stake in the holding company CRH (Beer) Limited.
China Resources Beer (Holdings) Co Ltd <0291.HK> said on Wednesday it will look at cooperation and acquisition opportunities that can help boost its strategy in developing mid- to high-end beer products.
China Resources Beer (Holdings) Co Ltd <0291.HK> posted a 4.4 percent rise in annual pre-tax profit on Wednesday, benefiting from an increase in beer sales volume and average selling price, as well as focus on higher margin premium beers.
China Resources Beer (Holdings) Co Ltd posted a 4.4 percent rise in annual pre-tax profit on Wednesday, benefiting from an increase in beer sales volume and average selling price, and as it focuses on higher margin premium beers.
* FY PROFIT ATTRIBUTABLE RMB1,175 MILLION VERSUS RMB629 MILLION
China's Shanxi Xinghuacun Fen Wine Factory Co Ltd said its controlling shareholder Fen Jiu Group has signed an agreement to sell a 11.45 percent stake to a subsidiary of top beer maker China Resources.
China Resources Beer (Holdings) Co Ltd said on Monday it had "moderately" raised prices of some of its products in certain regions, becoming the latest Chinese drinks maker to confirm price increases in response to higher packaging, raw material and labour costs.
China Resources Beer (Holdings) Co Ltd said on Monday it has "moderately" raised prices of some of its products in certain regions as higher costs of raw material, packaging materials and labour weighed.
* DUE TO AN INCREASE IN COSTS OF RAW MATERIALS, CO HAS ADOPTED DIFFERENT MEASURES TO ABSORB COST PRESSURE
* Says to increase mid- to high-end beer products to meet demand
China Resources Beer (Holdings) Co Ltd said on Monday first-half profit rose 93.4 percent, thanks to higher prices and improving sales due to warmer weather.
* HY profit attributable RMB1,170 million versus RMB605 million (removes extraneous words "from continuing operations")
China Resources Phoenix Healthcare Holdings Co Ltd:
* Aims to grow organically and through acquisitions (Add earnings details, company comments)
China Resources Beer (Holdings) Co Ltd reported its first annual profit in three years in 2016, as it focused on its flagship Snow brand and expanded sales in various Chinese cities, while optimising product mix.
* consolidated profit attributable to company's shareholders in 2016 was rmb629 million
* Share transfer registration formalities for transfer of 1.69 billion A shares in co was completed
* Says China Resources and unit will sell entire 1.69 billion A-shares in the company to Shenzhen Metro
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.