China: Tsingtao Brewery sees improved performance in Q1 2025

Tsingtao Brewery Company Limited reported on April 28 earnings results for the first quarter ended March 31, 2025.

For the first quarter, the company reported sales was CNY 10,445.54 million compared to CNY 10,150.01 million a year ago.

Revenue was CNY 10,445.54 million compared to CNY 10,150.01 million a year ago.

Net income was CNY 1,710.36 million compared to CNY 1,597.24 million a year ago.

Basic earnings per share from continuing operations was CNY 1.254 compared to CNY 1.175 a year ago.

Diluted earnings per share from continuing operations was CNY 1.254 compared to CNY 1.172 a year ago.

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