China Resources Beer is expected to have a net profit of approximately 2.92 billion to 3.35 billion yuan in 2025.

LightningPacketLoss · 2026-03-11T04:19:15+00:00

China Resources Beer recently issued a profit warning, expecting last year's profit to decrease by 29.6% to 38.6%, approximately 2.92 billion to 3.35 billion yuan. The main reason is the impairment of goodwill recognized from the acquisition of Guizhou Jinsha Jiaojiu, reflecting weak demand in the Baijiu market.

LightningPacketLoss

2026-03-11 04:19:15

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Recently, China Resources Beer issued a profit warning announcement. The company disclosed that it expects last year’s net profit to be approximately RMB 2.92 billion to 3.35 billion, a decrease of about 29.6% to 38.6% year-on-year.

The decline in profit is mainly due to goodwill impairment of approximately RMB 2.79 billion to 2.97 billion, which was recognized after acquiring a 55.19% stake in Chinese liquor manufacturer Guizhou Jinsha Jiaojiu Brewery Co., Ltd. (“the acquisition”). The goodwill impairment is primarily attributed to weak demand in the liquor market and shrinking consumer demand scenarios, leading to reduced consumption.

(Company Announcement)

(Edited by: Lin Chen)

Keywords: China Resources Snow Beer Beer

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