HONG KONG -- Budweiser APAC said Thursday that it expected the spread of the new coronavirus to hit profits hard in 2020 as social activity almost grinds to a halt across China.
The regional arm of Anheuser-Busch InBev Group, the world’s largest beermaker, said the new coronavirus had also contributed to a "meaningful" decline in sales of beer for consumption at home. © Reuters
Read Next
Latest on Coronavirus
