Budweiser APAC's Loss Narrows in Q4'24; Revenue Meets Estimates

MT Newswires Live

2025/02/26

Budweiser Brewing APAC's (HKG:1876) attributable loss narrowed to $16 million in the fourth quarter of 2024 from $23 million in the year-ago period, according to a Tuesday filing with the Hong Kong stock exchange.

The brewery's revenue fell 11% to $1.14 billion from $1.29 billion a year earlier. Analysts at Visible Alpha also estimated revenue at $1.14 billion.

The company declared a final dividend of $0.0566 per share. The payment and record dates are yet to be announced.

Budweiser APAC plans to "reconnect with market share growth" in mainland China and digitize its route-to-market scheme in the country and in South Korea while enhancing the Indian premium segment.

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The payment and record dates are yet to be announced.</p><p>Budweiser APAC plans to \"reconnect with market share growth\" in mainland China and digitize its route-to-market scheme in the country and in South Korea while enhancing the Indian premium segment.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01876","symbol_name":"百威亞太","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514075950","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514075950","pubTimestamp":1740539112,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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