ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

HK-listed Tsingtao Brewery Jan-Sep net profit up 1.6% on higher sales volume

HONG KONG (Nikkei Markets) -- Tsingtao Brewery Company, the third-largest beer company in China by volume, reported a 1.6% increase in net profit for the first nine months of 2017 from a year earlier as company's core products recorded higher sales volume.

Net profit for the nine months ended Sep. 30 was 1.87 billion yuan ($281.75 million), as compared with 1.84 billion yuan, the company said in an exchange filing Monday. Revenue rose 1.5% on-year to 23.38 billion yuan.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more