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Tsingtao Brewery Co Ltd (600600.SS)

600600.SS on Shanghai Stock Exchange

38.43CNY
1:59am EST
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¥37.82
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¥38.77
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¥38.04
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¥46.22
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¥30.37

Latest Key Developments (Source: Significant Developments)

Carlsberg CEO Says Not Focused On Regaining Lost Market Share In Russia
Wednesday, 7 Feb 2018 08:45am EST 

Feb 7 (Reuters) - CARLSBERG CARLB.CO CEO CEES 'T HART SAID IN AN INTERVIEW::WILL NOT FOCUS ON REGAINING LOST MARKET SHARE IN RUSSIA BECAUSE THAT WOULD MEAN ENTERING PRICE WAR.EXPECTS MERGED ANHEUSER-BUSCH INBEV, ANADOLU EFES COMPANY IN RUSSIA WILL FOCUS MORE ON VALUE THAN ON VOLUME.HAS NOT SEEN HIGHER BEER PRICES IN CHINA AFTER ANNOUNCED PRICE HIKES BY CR BEER, TSINGTAO BREWERY.DIFFICULT TO PREDICT WHEN VIETNAMESE GOVERNMENT WILL BRING HABECO TO MARKET; THINKS IT WILL BE THIS YEAR.  Full Article

Tsingtao Brewery To Raise Prices On Some Products Due To Increased Raw Materials Costs
Thursday, 4 Jan 2018 11:49pm EST 

Jan 5 (Reuters) - Tsingtao Brewery Co Ltd <600600.SS><0168.HK>::SAYS IT PLANS TO RAISE PRICES ON SOME PRODUCTS DUE TO INCREASED RAW MATERIALS COSTS.SAYS PRICES WILL BE INCREASED BY AN AVERAGE OF LESS THAN 5 PERCENT.  Full Article

Asahi Group Says To Sell Its Stake In Tsingtao To Tsingtao Brewery Group, Fosun Industrial Holdings, Others -Statement
Wednesday, 20 Dec 2017 04:03am EST 

Dec 20 (Reuters) - Asahi Group Holdings Ltd <2502.T>::TO SELL ALL OF ITS 106 BILLION YEN STAKE IN CHINA'S TSINGTAO BREWERY -STATEMENT.TO SELL ITS STAKE IN TSINGTAO TO TSINGTAO BREWERY GROUP, FOSUN INDUSTRIAL HOLDINGS, OTHERS -STATEMENT.  Full Article

Tsingtao Brewery's 9-month net profit up 1.6 pct y/y
Monday, 30 Oct 2017 06:25am EDT 

Oct 30 (Reuters) - Tsingtao Brewery Co Ltd <600600.SS><0168.HK>:Says 9-month net profit up 1.6 percent y/y.  Full Article

Tsingtao Brewery's H1 net profit up 7.4 pct y/y
Wednesday, 30 Aug 2017 09:02am EDT 

Aug 30 (Reuters) - Tsingtao Brewery Co Ltd <600600.SS><0168.HK>:Says H1 net profit up 7.4 percent y/y at 1.15 billion yuan ($174.43 million).  Full Article

Tsingtao Brewery says dividend payment date on July 28
Thursday, 20 Jul 2017 05:49am EDT 

July 20 (Reuters) - Tsingtao Brewery Co Ltd <600600.SS>:* Says it will pay a cash dividend of 0.35 yuan per share (before tax) for 2016 to shareholders of record on July 27.* The company's shares will be traded ex-right and ex-dividend on July 28 and the dividend will be paid on July 28.  Full Article

Tsingtao Brewery says qtrly net profit RMB 579.3 mln
Thursday, 27 Apr 2017 06:50am EDT 

April 27 (Reuters) - Tsingtao Brewery Co Ltd <600600.SS>::Qtrly net profit rmb579.3 million versus rmb533.9 million last year.Qtrly revenue rmb 7.04 billion versus rmb 6.86 billion last year.  Full Article

Tsingtao brewery to pay annual cash div as 0.35 yuan/share for FY 2016
Monday, 3 Apr 2017 12:06am EDT 

Tsingtao brewery Co Ltd <600600.SS> :Says it plans to pay annual cash dividend as 0.35 yuan(pre-tax)/share as FY 2016 div payment.  Full Article

Tsingtao brewery FY net profit of rmb 1.04 bln vs rmb1.71 bln
Thursday, 30 Mar 2017 10:15am EDT 

Tsingtao brewery co ltd <0168.HK>: FY profit attributable to shareholders of rmb 1.04 billion versus rmb1.71 billion . FY revenue rmb26.11 billion versus rmb 27.63 billion . Board proposed a cash dividend rmb0.35 per share ."pressure from continuous rising of raw materials and labor costs for beer production will affect company's profits".  Full Article

Tsingtao Brewery says net profit for year ended 31 Dec 2016 expected to decrease
Tuesday, 21 Mar 2017 10:13am EDT 

Tsingtao Brewery Co Ltd <600600.SS>: Net profit attributable to shareholders of company for year ended 31 December 2016 is expected to decrease by approximately 39% . Expected result due to decrease in operating profits of co due to stringent market conditions in 2016 . Company will pay differences in income tax of approximately RMB338.88 million resulted from application of expired preferential income tax rate in years prior to 2007 .According to relevant accounting treatment, company is required to reduce net profit attributable to shareholders of company by approximately RMB338.88 million for year ended 31 December 2016..  Full Article

BRIEF-Tsingtao Brewery Enters New Yantai Beer Product Sales Agreement

* ENTERED NEW YANTAI BEER PRODUCT SALES AGREEMENT WITH YANTAI BEER ON 24 JAN 2018, TERM OF WHICH IS FROM 1 JANUARY 2018 TO 31 DEC 2018 Source text for Eikon: Further company coverage: