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  1. Tsingtao income rises on less tax, asset losses

    Posted Aug 20th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Tsingtao Brewery, the mainland's second-largest beer producer, said first-half net profit jumped 41.36 per cent year on year on a decline in taxes and lower ... Turnover rose 15.56 per cent to 7.9 billion yuan from 6.83 billion yuan. Tsingtao paid 190.53 million yuan in taxes, down from 222.48 million yuan. The company benefited from the tax unification ...

  2. Business - Companies - BEVERAGES

    Strong sales fuel beer maker Tsingtao Brewery’s gains

    Posted Aug 29th 2014, 11:16am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Tsingtao Brewery, one of the leading beer makers in China, said revenue increased 13 per cent for the fist half on the back of strong sales. Net profit edged ... to explore other markets, which helped maintain continuous growth of sales volume and market share”, it said in an exchange filing on Friday. Tsingtao Brewery said its beer sales grew 16 per cent ...

  3. Tsingtao Brewery loses top spot despite 16.9pc turnover climb

    Posted Aug 28th 2007, 12:00am by Kandy Wong

    ... Kandy Wong Tsingtao Brewery, the mainland's second-largest beer producer, yesterday posted 63.4 per cent earnings growth to 348 million yuan in the first half on strong demand. ... Snow, a Tsingtao competitor jointly run by China Resources Enterprises (CRE) and South Africa-based SABMiller, has overtaken Tsingtao Brewery as the No1 beer producer in the mainland. At the end ...

  4. Tsingtao Brewery

    Posted Jun 26th 2006, 12:00am by Staff Reporter

    ... The group's principal activity is the production and distribution of beer products. It owns 50 breweries and three malting mills in 18 provinces and cities all over China. Its product Tsingtao Beer has been distributed to more than 500 countries and regions throughout the world. ...

  5. Tsingtao Brewery net falls on tax increases

    Posted Apr 22nd 2008, 12:00am by Staff Reporter

    ... Jasmine Wang Tsingtao Brewery, the mainland's second-largest beer producer, reported a worse than expected 20 per cent rise in net profit last year to 540 million yuan (HK$602.9 ... good opportunities, but we are also facing pressure from rising costs and stiffer competition,' Tsingtao said. With more effective measures to boost sales and control costs, the company ...

  6. Tsingtao to use more funds for promoting brand

    Posted Apr 15th 2009, 12:00am by Staff Reporter

    ... Jasmine Wang Tsingtao Brewery, one of the nation's top beer producers, has said it will slash capital expenditure by more than half this year to preserve resources so it can promote ... the slowest pace in three years. Tsingtao, partly owned by Asahi Breweries of Japan and owner of four major brands, sold 5.38 million kilolitres of beer last year, up 6.6 per cent year on year. Last ...

  7. Braving the beast to do business on the mainland

    Posted Feb 20th 2010, 12:00am by Shirley Yam

    ... I'd like to add an old tale from a former chairman of Tsingtao Brewery. Years ago, when the brewery began its expansion drive, it bought some factories at dirt cheap prices. One of them was the producer of a local brand Xiongji (rooster) beer in Shanxi. Tsingtao's management expected this to be a simple job because the acquisition was in line with central government policy; ...

  8. Results

    Posted Jun 10th 2008, 12:00am by Staff Reporter

    ... Today AGM: Asian Union New Media (Group), BYD Company, BYD Electronic (International), China Aoyuan Property Group, China Water Industry Group, San Miguel Brewery Hong Kong, Sino-Tech International Holdings, Tsingtao Brewery Tomorrow 1st Quarter: TPV Technology Final: CIL Holdings ...

  9. Tsingtao uncaps 46pc profit increase

    Posted Apr 20th 2007, 12:00am by Andy Chen

    ... Andy Cheng Tsingtao Brewery's earnings rose 46 per cent last year, spurring the mainland beer maker to invest heavily in boosting production this year. It said net profit surged to 447.8 million yuan from 306.5 million yuan in 2005, as sales grew 16.5 per cent to 11.6 billion yuan. Tsingtao says it will set up a plant in Chengdu, Sichuan province, with annual output ...

  10. Tsingtao faces test of confidence

    Posted Jun 30th 2012, 12:00am

    ... Charlotte So charlotte.so@scmp.com The resignation of Tsingtao Brewery chairman Jin Zhiguo, coming just days after a major shareholder sold HK$1.5 billion worth of shares in the company, ... surprised analysts, as he had extended his tenure for another term just last year, brokerage Yuanta Securities said in a report. In a filing to the Hong Kong stock exchange, Tsingtao said Jin ...




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