Sales rose by 9% from HK$253.77m to to HK$276.43m. Strict cost control allowed the company to post an operating profit of HK$57.98m, against HK$22.82m last year.
CHINA: Profits surge at Guangdong
The Chinese brewer, Guangdong Brewery Holdings, reported earnings of HK$43.59m for the six months to the end of June, representing a rise of some 332.3% from the corresponding period last year. The improvement was attributed to the absence of finance costs.
September 20, 2002