Beijing Yanjing Brewery's Nine-Month Profit Balloons 35%

MT Newswires Live
28 Oct 2024

Beijing Yanjing Brewery (SHE:000729) recorded a 35% rise in attributable profit for the nine months ended Sept. 30 to 1.29 billion yuan from 956 million yuan a year prior, a Monday filing by parent Beijing Enterprises (HKG:0392) said.

The brewery's revenue increased by 3.5% to 12.8 billion yuan from 12.4 billion yuan in the year-ago period.

Beijing Enterprises holds nearly an 80% equity interest in Beijing Yanjing Brewery Investment, which owns roughly a 57% equity stake in Beijing Yanjing Brewery.

Price (HKD): $10.46, Change: $-0.040, Percent Change: -0.38%

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