(MENAFN)
Major brewery and producer of Tsingtao Beer in China, Tsingtao Brewery Co Ltd, saw its yearly net profit rise 23.2 percent in the period from January to September of the current year.
The Company said in its quarterly financial report filed to the Shanghai Stock Exchange that its net profit in hit USD367 million in the period.
The company saw a rise in revenue of 5.3 percent since the past year.
The company has sold 7.2 million kiloliters of bee in the period, sales of its main brand Tsingtao Beer reached 3.53 million kiloliters, a rise of 3.1 percent.
MENAFN2910201900450000ID1099192423
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.