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The net profit of Tsingtao Brewery Co., Ltd. (00168) was 5.05 billion yuan in the first three quarters, down 4.16% year on year
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According to the Zhitong Finance App, Tsingtao Brewery Co., Ltd. (00168) announced that in the first three quarters of 2026, the company achieved operating income of RMB 28.04 billion, a year-on-year decrease of 4.53%; net profit attributable to shareholders of listed companies was RMB 5.05 billion, a year-on-year decrease of 4.16%. Basic earnings per share were $3.705.

During the reporting period, sales in the domestic beer market continued to be under pressure. Faced with a complex and changing market environment, the company anchored the main line of high-quality development, focused on “new products, new channels, new groups, new scenarios and new needs” to optimize resource allocation, continue to innovate operating models, and strengthen endogenous growth momentum. By promoting refined market operation and scenario-based marketing, the company strengthens terminal marketing, stabilizes advantageous markets, and cultivates growth potential in emerging markets. During the reporting period, the company's online business, instant retail business and modern retail channel sales all reached record highs, and its leading position in the instant retail industry continued to be consolidated.

During the reporting period, the company deepened the “Tsingtao Brewer+Laoshan Beer” brand strategy, continued to promote product innovation and structural optimization and upgrading, improve the differentiated product matrix, and cultivate structural growth. In the first three quarters, the company achieved cumulative product sales of 6.465 million kiloliters, and the main brand of Tsingtao Brewery achieved sales volume of 3.95 million kiloliters, of which sales of high-end products reached 2.994 million kiloliters, an increase of 2% over the previous year; white beer products continued to grow in double digits, and the light dry product market showed outstanding performance and rapidly grew into a benchmark category on the “zero sugar and low calorie” health track; fresh product sales continued to grow.

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