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Tsingtao Brewery's profit increased by 6% last year
Tsingtao Brewery (00168) announced that for the year ending last year, the total profit was RMB 4.588 billion, an increase of 5.6% year-on-year, with earnings per share of RMB 3.363; a final dividend of RMB 2.35 per share.
During the period, operating revenue was RMB 32.473 billion, an increase of 1.04%.
The company will continue to focus on its core beer business, leveraging Tsingtao’s brand, quality, distribution network, and other advantages to actively expand the market. It will deepen regional operations within the domestic market, consolidating the northern base market advantage, expanding capacity, and optimizing structure; focusing on key breakthroughs in strategic southern markets, deeply cultivating key regional markets, and steadily increasing market share through team restructuring, management innovation, and network optimization. In overseas markets, the company will explore international market deployment through diversified cooperation models, continuously enhancing the brand’s global influence.