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TSINGTAO BREW (00168.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.
On March 5, Gelonghui reported that TSINGTAO BREW (00168.HK) announced that it will hold a Board of Directors meeting on March 28, 2025 (Friday) to review and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, as well as matters related to the proposed final dividend.
TSINGTAO BREW: ANNOUNCEMENT OF DATE OF BOARD MEETING
Hong Kong stocks are moving differently | Beer stocks are warming up today. Guangzhou Zhujiang Brewery's annual net profit has increased by 30%. Institutions are bullish on the overall dividend rate in the industry continuing to rise.
Beer stocks have warmed up today. As of the time of writing, CHINA RES BEER (00291) is up 3.89%, trading at 25.4 Hong Kong dollars; TSINGTAO BREW (00168) is up 3.21%, trading at 51.4 Hong Kong dollars; BUD APAC (01876) is up 2.27%, trading at 8.11 Hong Kong dollars.
Is Tsingtao Brewery Company Limited (HKG:168) Trading At A 41% Discount?
The 80 billion Market Cap has evaporated in two years, is Tsingtao Brewery unable to keep up?
A deeper reason is the shrinking consumer group.
[Brokerage Focus] CITIC SEC expects that this year's Beer raw material price fluctuations will be smaller than last year.
Jinguo Financial News | CITIC SEC forecasts that the price fluctuations of beer raw materials in 2025 will be smaller than in 2024. Some raw material prices, such as barley and Glass, still have room for decline, but Aluminum prices have shown a rising trend recently, which may offset the cost reduction from the decline in prices of raw materials like barley. Overall, the bank expects that the overall cost of beer will remain stable in 2025, potentially slightly enhancing the profitability of breweries. It is Bullish on breweries achieving stable growth in their performance in 2025, supported by continued stimulus from consumer policies and the recovery of dining scenarios.
