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San Miguel Brewery Hong Kong Swings to Loss in 2024
SAN MIGUEL HK (00236.HK) reported a consolidated revenue of 0.711 billion HKD in 2024, a year-on-year decrease of 4.1%.
On February 24, Gelonghui reported that SAN MIGUEL HK (00236.HK) announced that in 2024, the Group recorded a consolidated revenue of 0.711 billion HKD, a decrease of 4.1% compared to 2023. As a result, the gross profit reached 0.266 billion HKD, which is 6.8% lower than the 0.285 billion HKD in 2023, primarily influenced by the decline in export volume and export profit margin in the South China Business. Due to the annual decrease in Industry sales volume, this had an impact on the Group's Business in Hong Kong. Therefore, the company confirmed a one-time non-cash impairment loss of 90 million HKD and incurred 14.9 million HKD on its non-current Assets in 2024.
Express News | San Miguel Brewery Hong Kong Ltd - Approved a Proposal to Declare a Final Dividend of HK$0.05 per Share
Express News | San Miguel Brewery Hong Kong FY Gross Profit HKD 266.1 Million
Express News | San Miguel Brewery Hong Kong FY Revenue HKD 711.2 Million
SAN MIGUEL HK: ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024