Summary by Moomoo AI
Bud APAC Holdings Limited's performance in the first half of 2024 was affected by the slowing performance of the industry in China, but strong growth in South Korea and India offset some of the impact, resulting in the pre-tax, pre-depreciation, and pre-amortization profits in the Asia-Pacific region being flat compared to the first half of 2023. The company promoted growth in China through flagship brands and major platforms, and leveraged summer sports events to enhance brand influence. In the super premium category, Corona partnered with Ctrip, while Harbin Beer collaborated with the NBA to increase sales. The business performance in India continued to lead the industry, and market share in South Korea increased, along with cost efficiency...Show More