Tsingtao brewery posts solid Q3 2025 growth despite slight revenue dip

Tsingtao Brewery reported a slight decline in third-quarter revenue, with RMB 8.88 bn, a 0.17% decrease from the previous year. However, the company's net profit attributable to shareholders for the quarter increased by 1.62% to RMB 1.37 bn. Basic earnings per share for the quarter were RMB 1.004, up 1.52%.

For the first nine months of 2025, Tsingtao Brewery's operational performance was strong, with total operating revenue reaching RMB 29.37 bn, an increase of 1.41% compared to the same period in 2024. Net profit attributable to shareholders for the nine-month period rose by 5.70% to RMB 5.27 bn, with basic earnings per share at RMB 3.867, a 5.45% increase. The company's total assets stood at RMB 51.39 bn as of September 30, 2025.

The company achieved a cumulative product sales volume of 6.894 million kiloliters, marking a 1.6% increase. This included a 4.1% rise in sales for its main Tsingtao Beer brand to 3.99 million kiloliters, and a 5.6% increase in sales of mid-to-high-end products to 2.935 million kiloliters.