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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. 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 ...

  3. 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 ...

  4. 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 ...

  5. 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. ...

  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. 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 ...

  8. Rising costs force big breweries to raise prices

    Posted Jan 07th 2008, 12:00am by Nathan Zhang

    ... of price rises rippling through the economy- which has pushed the inflation rate to an 11-year high of 6.9 per cent- Tsingtao Brewery lifted the price of some products to its major distributors ... Tsingtao Brewery has increased the price of some products by up to: 8% ...

  9. Cheers to tradition

    Posted Nov 01st 2011, 12:00am

    ... to use only barley, malt and hops. In 1916, Japan's Dai-Nippon Brewery bought Tsingtao Brewery and ran it until the Japanese surrender in 1945. After a brief stint under Nationalist ... dark beers and is popular in colder weather. For samples of Tsingtao's beers and a few others, visit Tsingtao Brewery and its museum for a guided tour that includes free beer, ...

  10. As Tsingtao brews, so Lucy Yuan grows

    Posted Jul 23rd 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu in Qingdao Company secretary started as bottle-cap maker Lucy Yuan Lu's first job at Tsingtao Brewery was small but important- making bottle tops. When Ms Yuan, who was 20 ... department before studying for a degree in political administration. Tsingtao Brewery was established by the German colonial government in 1903- when the penultimate emperor Guangxu was still ...




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