Tsingtao Brewery Co., Ltd. (00168.HK)2025 Annual net profit of 4.59 billion yuan, up 5.6% year-on-year

Gelonghui March 27丨Qingdao Beer Co., Ltd. (00168.HK) released its performance for the fiscal year 2025. During the reporting period, the company achieved product sales of 7.648 million kiloliters, a year-on-year increase of 1.5%; achieved operating revenue of RMB 32.47 billion, a year-on-year increase of 1%; and realized a net profit attributable to shareholders of the listed company of RMB 4.59 billion, a year-on-year increase of 5.6%. The basic earnings per share were RMB 3.363. The board of directors proposed to distribute an annual cash dividend of RMB 2.35 per share to all shareholders.

During the reporting period, facing challenges such as the adjustment and recovery of social consumer demand and pressure on beer consumption growth, the company’s management, under the leadership of the board of directors, accelerated transformation and innovation, solidly promoted high-quality development, and the beer business made steady progress, achieving reasonable growth in volume and effective improvement in quality.

During the reporting period, the company focused on “new products, new channels, new demographics, new scenarios, and new demands” to expand incremental space, innovated institutional mechanisms and market operation models, optimized resource allocation, and continued to deepen and explore domestic and overseas markets. Among them, the traditional advantageous markets along the Yellow River implemented refined operations, further solidifying market advantages, continuously strengthening market share and profitability, with the contiguous development effect in the northern market becoming increasingly evident. In the southern market, through positive accumulation, the company continuously optimized and improved its product structure, focusing on breakthroughs in regions and channels to achieve quality development. In overseas markets, through product innovation, regional expansion, brand strengthening, model breakthroughs, and strategic upgrades, the company steadily advanced the “one arc, three wings, multiple points” market layout, achieving local sales in international markets for the first time, with the brand’s international influence continuously increasing.