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Beijing Ent (00392) releases the interim performance of Beijing Yanjing Brewery. Shareholders have a attributable net profit of 0.758 billion yuan, an increase of 47.54% year-on-year.
Beijing Ent (00392) announced that its subsidiary Beijing Yanjing Brewery Co., Ltd. (Yanjing Beer) as of 2024...
Beijing Yanjing Brewery: Half-year report for the year 2024.
Beijing Yanjing Brewery: Summary of Half-Year Report in 2024.
Beijing Yanjing Brewery (000729.SZ): Net income of 0.758 billion yuan in the first half of the year, a year-on-year increase of 47.54%.
On August 19th, GeLongHui reported that Beijing Yanjing Brewery (000729.SZ) released its half-yearly report for 2024, and during the first half of 2024, the company's revenue continued to expand and net income increased significantly. The company achieved beer sales (including managed operations) of 2.3049 million kiloliters, achieved revenue of 8.046 billion yuan, an increase of 5.52% year-on-year; net income attributable to shareholders of the listed company was 0.758 billion yuan, an increase of 47.54% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.741 billion yuan, an increase of 69.12% year-on-year; basic earnings per share were 0.2690 yuan.
Express News | Yanjing Brewery H1 Net Profit up 47.5% Y/Y
Guosen Securities: Baijiu continues to focus on market order control, and structural improvement in beer consumption demand in July.
In July, baijiu entered its off-season with overall stability. The channel's payment ratio remains low, and the terminal sales velocity is slow. The phenomenon of consumer downgrading still exists. The beer industry benefited from high temperatures in some regions and the opening of sports events such as the Olympics, resulting in structural improvement in demand.
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