Tsingtao Brewery's (HKG:0168, SHA:600600) net profit attributable to shareholders for the third quarter of the year dropped 9% year on year to 1.35 billion yuan or 0.989 yuan per share, according to a Hong Kong Stock Exchange filing on Tuesday.

The Chinese beer maker's revenue was 8.89 billion yuan, sliding 5.3% from the preceding year, the filing said.

The company's Hong Kong shares dropped more than 4% and Shanghai shares fell more than 2% in recent trade.