Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_French


CASTLE MALTING NEWS in partnership with www.e-malt.com French
27 March, 2024



Brewing news China: Tsingtao Brewery’s 2023 net profit rises amid slow local economy

Tsingtao Brewery, one of the China's largest brewers, saw net profit rise last year despite a slow local economy, the Morning Star reported on March 27.

The company said it developed more sources of income, cut costs and increased efficiency to achieve "sustainable and sound" revenue growth.

Net profit in 2023 increased 15.0% to 4.27 billion yuan ($591.6 million), while revenue rose 5.5% to CNY33.94 billion, the company said in a financial filing on March 27.

The brewer said it expects to face challenges in the external market environment, but remains confident it can grab opportunities from technological revolutions and consumption upgrades.





Revenir



E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .














Nous utilisons des cookies pour nous assurer que nous vous offrons la meilleure expérience sur notre site Web. Si vous continuez à utiliser ce site, nous supposerons que vous en êtes satisfait.     Ok     Non      Privacy Policy   





(libra 2.2070 sec.)