CR Beer plans to buy the remaining 49 per cent stake in China Resources Snow Breweries, a joint venture with SABMiller, to gain full control of the Snow beer brand. Photo: One Red Eye

China’s CR Beer says cost controls boosted first half profit by 45pc despite lower sales

Topic |   Hong Kong company reporting season

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CR Beer plans to buy the remaining 49 per cent stake in China Resources Snow Breweries, a joint venture with SABMiller, to gain full control of the Snow beer brand. Photo: One Red Eye
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