The state-owned beer maker, which owns the world’s largest selling Snow beer brand, blamed the slowing economy for dwindling consumption. Photo: Reuters

CR Beer toasts financial turnaround but sales still being affected by slower economy, health concerns

Net profit last year stood at 629m yuan compared with a net loss of 4.1bn yuan in 2015, when it posted 4.8bn yuan in costs due to a business structuring

Topic |   Hong Kong company reporting season

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The state-owned beer maker, which owns the world’s largest selling Snow beer brand, blamed the slowing economy for dwindling consumption. Photo: Reuters
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