San Miguel Brewery Hong Kong Swings to Loss in 2024

MT Newswires Live
25 Feb

San Miguel Brewery Hong Kong (HKG:0236) recorded a loss attributable to equity shareholders of HK$20.1 million in 2024, against an attributable profit of HK$85.9 million logged for the prior year, a Monday filing with the Hong Kong Exchange said.

Basic loss per share stood at HK$0.05 in the reporting year, compared with basic earnings per share of HK$0.23 in the year-ago period.

The brewing company's 2024 revenue was HK$711.2 million, 4.1% lower than HK$741.6 million a year ago.

The board recommended a final dividend of HK$0.05 per share for the year, to be paid to the shareholders on record as of May 6.

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