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Malaysia: Carlsberg Brewery Malaysias Q2 net profit increases 2.1%
Carlsberg Brewery Malaysia Bhd's second quarter ended June 30, 2019 (2QFY19) net profit was 2.1% higher at RM65.26 million or 21.34 sen per share, compared with RM63.91 million or 20.9 ...
Published 15/08/2019
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Kenya: Heineken loses appeal against Sh1.7 billion payout
The High Court has declined to stop execution of a judgement requiring Heineken East Africa Company to pay Maxam Limited Sh1.7 billion in a distribution row, The Star reported on ...
Published 15/08/2019
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Kenya: East African Breweries reaping rewards of investments in key assets
East African Breweries Limited (EABL) is reaping the rewards of its decision to invest in key assets, its managing director and CEO was quoted as saying by the African Business ...
Published 15/08/2019
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World: Carlsbergs half-year sales rise 6.5%
Carlsberg reported a 6.5% rise in half-year sales on August 15, as the Danish brewer sold more expensive beer and its operating margins improved despite continued challenges in Russia.
The brewer ...
Published 15/08/2019
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China: China Resources Beers net profit up 20% in H1 2019
China Resources Beer's net profit rose 20% on year in the first half, boosted by increased sales volume and higher average sale prices.
The brewer made net profit of 1.87 billion ...
Published 15/08/2019
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China: Tsingtao Brewery posts 25.2% growth in first-half net profit
Tsingtao Brewery Co., Ltd., China's second-biggest brewery and producer of Tsingtao Beer, posted a 25.2 percent year-on-year growth in net profit in the first half of 2019, Xinhua reported on ...
Published 15/08/2019
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China: China Resources Beer weighing possible acquisition of minority stake in AB InBevs Asia Pacific unit
China Resources Beer Holdings is weighing the possibility of acquiring a minority stake in the Asia-Pacific unit of the world's largest brewer Anheuser Busch InBev, although a final decision had ...
Published 15/08/2019
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Nepal: Warsteiner ready for brewing competition in Nepali beer market
In little as a year since production of Warsteiner a premium German beer started in Nepal, the brand has appeased the palate of local consumers. However, the brand ...
Published 15/08/2019
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USA, IN: HopLore Brewing to open its second location
HopLore Brewing has announced plans to open a second location in the gateway district between Warsaw and Winona Lake. The company says it plans to kick off beer production this ...
Published 15/08/2019
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USA: Craft Brew Alliance reports 1.7% net sales growth
Relying upon its Hawaiian-based Kona Brewing brand is proving to be a smart strategy for Craft Brew Alliance, which reported second-quarter earnings of $0.10 per share on adjusted net sales ...
Published 15/08/2019
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