Trending Industry Today: TSINGTAO BREW Leads Gains In Beer Stocks

Moomoo NewsSep 30 03:40 ET

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.

cls.cnAug 19 09:11 ET

New York State Teachers Retirement System Boosts Position in The Boston Beer Company, Inc. (NYSE:SAM)

Defense WorldOct 24, 2022 06:51 ET

The Boston Beer Company, Inc. Forecasted to Post FY2022 Earnings of $8.90 Per Share (NYSE:SAM)

Defense WorldOct 24, 2022 01:51 ET

Boston Beer (NYSE:SAM) Releases FY 2022 Earnings Guidance

Financial News LiveOct 23, 2022 09:11 ET

Boston Beer (NYSE:SAM) Shares Gap Up to $336.16

Defense WorldOct 23, 2022 02:51 ET