Thailand & Singapore: ThaiBevs second-quarter net profit drops 4.9%
Thai Beverage (ThaiBev) posted a 4.9 per cent drop in net profit to seven billion baht (S$257 million) for its second quarter ended Mar 31, 2024, from 7.4 billion baht ...
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15/05/2024
Malaysia: Heineken Malaysia Bhds net profit up 11.42% in Q1
Heineken Malaysia Bhd reported an 11.42% increase in net profit to RM122.48 million for the first quarter ended March 31, 2024 (1Q24), up from RM109.93 million the previous year, driven ...
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15/05/2024
Japan: Sales of beer and quasi-beer products up 2% in April
Sales of beer and quasi-beer products in Japan in April grew 2 pct from a year earlier, data from four major beer companies showed.
The sales rebounded after a decline in ...
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15/05/2024
World: Asahi Group reports a 'higher than expected' profit increase in both its domestic and European operations in Q1
Japanese beverage firm Asahi Group has reported a 'higher than expected' profit increase in both its domestic and European operations, as the group saw operating profit rise 8.4% in the ...
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15/05/2024
USA: Lower-than-estimated loss in shelf space now expected for Bud Light during the spring and summer season
Distributors expect a lower-than-estimated 7% loss in shelf space for Bud Light during the critical spring and summer season, analyst says, MorningStar reported on May 14.
Bud Light will continue losing ...
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15/05/2024
Canada, BC: Connector Brewing opens to the public in Westbank
Connector Brewing, located at 3310 Carrington Road on WFN lands, officially opened to the public on Monday, May 13, Castanet reported.
Owners Rebecca and Colton Aston say the taproom has been ...
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15/05/2024
Thailand: AB Food & Beverages Thailand and Jebsen & Jessen expand malt distribution in Southeast Asia
Jebsen & Jessen Ingredients (JJING) and AB Food & Beverages Thailand (ABFT), a subsidiary of Associated British Foods, have forged a new partnership to expand malt distribution across Southeast Asia, ...
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14/05/2024
Australia: Malting barley exports more than double in March this year
Australia exported 627,353 tonnes of barley and 100,734t of sorghum in March, according to the latest data from the Australian Bureau of Statistics.
Feed barley exports at 390,828t were down from ...
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13/05/2024
Kenya: Relief for beer makers after U-turn on daily tax payments
Kenyas government has reviewed its demand on manufacturers of alcoholic drinks to remit taxes within 24 hours after widespread criticism of the policy shift, with firms such as East African ...
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13/05/2024
Malaysia: Carlsberg Brewery Malaysia sees 3.39% increase in first quarter net profit
Carlsberg Brewery Malaysia Bhd reported a 3.39% increase in first quarter net profit from a year earlier, thanks to higher profit in Malaysia and higher share of profit in its ...
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13/05/2024