Kingway Brewery Holdings Ltd has reported a rise in its first-half net profits of 15.1% to HK$80.61m.

The Chinese brewer, in which Heineken-APB (China) Pte Ltd (HAPBC) owns a 21% stake, said its revenues rose to HK$516.36m from HK$399.15m.

The brewer, which didn't divulge any further details in a statement to the Hong Kong Stock Exchange, has proposed a first-half dividend of 1.5 HK cents.