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Budweiser APAC to boost premium and non-beer offerings


By Reuters Staff
Slideshow ( 2 images )
BEIJING (Reuters) - Budweiser Brewing Co APAC will step up promotion of premium beer brands including Hoegaarden and Corona and expand non-beer offerings, betting a rising middle class will boost demand for higher-end products, its chief executive said on Thursday.
The Hong Kong-listed Asia arm of Anheuser-Busch InBev reported a 63.7% rise in first-quarter revenue, with total volume up 64.6%, driven by strong consumption over the Lunar New Year holiday and a low base for comparison due to the COVID-19 outbreak early last year.
Budweiser APAC shares surged more than 8% on Thursday after posting its results.
Revenue doubled in China from the same period last year and grew by double digits compared to the first quarter of 2019. Revenue generated from premium brands increased by high double digits year on year, it said. ....

Tony Munroe , Anheuser Busch Inbev , Tom Hogue , Sophie Yu , Thomson Reuters Trust Principles , Budweiser Brewing Co , Hong Kong Listed Asia , Lunar New Year , Hard Lemonade , Thomson Reuters Trust , டோனி மன்ரோ , அன்ஹஐசேர் புஷ் இந்பேவ் , டோம் ஹாக் , சோஃபி யூ , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , பௌவெய்ஸ்ர் காய்ச்சுதல் இணை , சந்திர புதியது ஆண்டு , கடினமானது எலுமிச்சை பாணம் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

Fizzy Beer Stocks Are Due for a Bar Fight in China — Heard on the Street


Provided by
Dow Jones
By Jacky Wong
Beer connoisseurs are living it up again in China and getting more discerning about their ale. Barflies can celebrate as their drinking options expand, but an imminent brawl for control of the premium segment could weigh on already-fizzy beer shares.
Budweiser Brewing Co. APAC, the Asian unit spun off by Anheuser-Busch InBev in 2019, said its revenue in China last quarter grew 93% year over year while its earnings there before interest, taxes, depreciation and amortization more than tripled. In other words, beer drinkers are tossing back pints (or cans) again with gusto: Both metrics are higher than the same period in 2019. The company sells beer brands like Budweiser and Stella Artois in Asia. Revenue and profits at rival Tsingtao Brewery, which reported earnings last month, have also moved above pre-pandemic levels. ....

South Korea , Anheuser Busch Inbev , Stella Artois , Jacky Wong , Tsingtao Brewery , Euromonitor International , Dow Jones Company Inc , Budweiser Brewing Co , Hong Kong Listed , China Resources Beer , Dow Jones , தெற்கு கொரியா , அன்ஹஐசேர் புஷ் இந்பேவ் , ஸ்டெல்லா ஆர்டோய்ஸ் , பலா வோங் , டோ ஜோன்ஸ் நிறுவனம் இன்க் , பௌவெய்ஸ்ர் காய்ச்சுதல் இணை , ஹாங் காங் பட்டியலிடப்பட்டுள்ளது , சீனா வளங்கள் பீர் , டோ ஜோன்ஸ் ,

Budweiser APAC to boost premium and non-beer offerings - Netscape Money & Business


Budweiser APAC to boost premium and non-beer offerings
05/06/2021 8:02
BEIJING (Reuters) - Budweiser Brewing Co APAC will step up promotion of premium beer brands including Hoegaarden and Corona and expand non-beer offerings, betting a rising middle class will boost demand for higher-end products, its chief executive said on Thursday.
The Hong Kong-listed Asia arm of Anheuser-Busch InBev reported a 63.7% rise in first-quarter revenue, with total volume up 64.6%, driven by strong consumption over the Lunar New Year holiday and a low base for comparison due to the COVID-19 outbreak early last year.
Budweiser APAC shares surged more than 8% on Thursday after posting its results. ....

Tony Munroe , Anheuser Busch Inbev , Tom Hogue , Sophie Yu , Budweiser Brewing Co , Hong Kong Listed Asia , Lunar New Year , Hard Lemonade , டோனி மன்ரோ , அன்ஹஐசேர் புஷ் இந்பேவ் , டோம் ஹாக் , சோஃபி யூ , பௌவெய்ஸ்ர் காய்ச்சுதல் இணை , சந்திர புதியது ஆண்டு , கடினமானது எலுமிச்சை பாணம் ,

Budweiser confident of adding fizz to high-end market


Budweiser confident of adding fizz to high-end market
By Zhong Nan |
chinadaily.com.cn |
Updated: 2021-04-01 11:03
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A bartender serves customers at a CASA Corona store, opened by Budweiser Brewing Co APAC Ltd in Guangzhou, on March 30. [Photo provided to chinadaily.com.cn]
Budweiser Brewing Co APAC Ltd, a Hong Kong Stock Exchange-listed brewer, will continue to invest in premiumization, commercial expansion and digital transformation in China this year to accelerate its business recovery and seed future growth opportunities, said a senior executive.
Despite the challenges brought by COVID-19 pandemic, we have noticed a gradual recovery of domestic consumer market under a series of favorable policies, such as the new dual-circulation development paradigm that takes the domestic circulation as the mainstay while domestic and foreign markets support each other, said Jan Craps, co- ....

Hong Kong , Zhang Yongjun , Budweiser Brewing Co , International Economic Exchanges , China Center , Hong Kong Stock Exchange Listed , Jan Craps , Five Year Plan , Beijing Based China Center , International Economic , ஹாங் காங் , பௌவெய்ஸ்ர் காய்ச்சுதல் இணை , சர்வதேச பொருளாதார பரிமாற்றங்கள் , சீனா மையம் , ஹாங் காங் ஸ்டாக் பரிமாற்றம் பட்டியலிடப்பட்டுள்ளது , ஜான் கிராப்ஸ் , ஐந்து ஆண்டு திட்டம் , பெய்ஜிங் அடிப்படையிலானது சீனா மையம் , சர்வதேச பொருளாதார ,