01 May, 2019

China: Tsingtao Brewery’s revenue increases in Q1 2019

China’s Tsingtao Brewery’s revenue reached RMB7.95 billion in Q1 2019 versus RMB7.14 billion in the same period last year, Yahoo Finance reported on April 29.

Q1 net profit attributable to shareholders of the company was RMB807.5 million versus RMB667.2 million, Tsingtao said.

Tsingtao Brewery is China’s second-largest beer maker.

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