The Chinese brewer, Yanjing Brewery, posted a net profit of CNY116.20m for the first half of the current fiscal year, up from CNY113.77m in the corresponding six months last year.
The company attributed the half-year profit rise to an increase in beer sales outside Beijing.
Turnover for the first half rose from CNY1.27 billion to CNY1.56 billion.
Yanjing recently acquired a 38.15% stake in Huiquan Brewage Group Inc., China’s ninth largest brewery.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - The Benefits of Entering
Gain the recognition you deserve! The Just Drinks Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving beverage industry advancements. Don’t miss your chance to stand out—submit your entry today!
Nominate Now
