China Resources Beer Holdings Co Ltd (0291.HK)
19 Jan 2018
HONG KONG, Jan 8 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.
HONG KONG, Jan 8 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
HONG KONG, Jan 5 Tsingtao Brewery Co Ltd , the maker of China's best known Tsingtao beer, said on Friday it has raised product prices by up to 5 percent, in a bid to offset pressure from higher costs of production and raw materials.
* Says to increase mid- to high-end beer products to meet demand
HONG KONG, Aug 21 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")