sector: Non-Cyclical Consumer Goods & Services ·
industry: Beverages - Brewers ·
As of
9:59am IST
38.00HKD
Tsingtao Brewery Company Limited is engaged in brewing and sales of beer, and other related businesses. The Company owns 53 breweries and a malting plant in 18 provinces, cities and regions all over China. Its product Tsingtao Beer is distributed to more than 60 countries and regions around the world. The Company’s subsidiaries are engaged in the production, sales and domestic trade of beer. The Company's geographic segments include Qingdao region, other Shandong regions, Huabei region, Huanan region and overseas.
BRIEF: For the nine months ended 30 September 2009, Tsingtao Brewery Company Limited's total revenues increased 13% to RMB14.73B. Net income rose 79% to RMB1.25B. Total revenues reflect increased sales of beer due to increased market demand and effective marketing strategy. Net income also benefited from the presence of investment income and largely decreased gain from reversal of impairment loss, as well as lower non-operating expenses.
Tsingtao Brewery Company Limited
Tsingtao Beer Building
May Fourth Square
Hong Kong Mid Road
Qingdao SDG 266071
P: +86532.85756174
F: +86532.85713240