Chairman Hou Xiaohai of China Res Beer's board of directors: It is expected that the beer sales volume for the whole year will continue to experience a single-digit negative growth. | Live coverage of the earnings conference

In H1 2024, China Res Beer's revenue slightly decreased by 0.5%, and net income increased 1.2%. The company claims that this is in line with its expectations. Chairman of the Board of Directors of China Res Beer, Hou Xiaohai, believes that it is unlikely that the annual beer sales growth rate will return to normal this year. Hou Xiaohai stated that even if the rumors of salary reductions become true, it will only affect a very small number of people, and the impact on the company's management team is only relative to 0.01% level.

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