The Zhitong Finance App learned that Budweiser Asia Pacific (01876) fell by more than 3%. As of press release, it was down 2.24% to HK$5.675, with a turnover of HK$122 million.

According to the news, on October 29, Budweiser Asia Pacific announced the results for the first nine months of 2026. The group achieved revenue of 4.62 billion US dollars during the period, a decrease of 3.7% over the previous year; Budweiser Asia Pacific equity holders should account for profit of 565 million US dollars, a decrease of 4.88% year on year; and normalized basic profit of 4.75 cents per share. In the first nine months of 2026, total sales volume decreased by 4.9%, revenue decreased by 3.7%, and revenue per 100 litre increased by 1.2%. The Group's profit before normalized tax, depreciation and amortization decreased by 13.2%, while earnings before normalized tax depreciation and amortization fell by 297 basis points.

In the third quarter of 2026, total sales fell 10.1%, which was affected by China's performance, but was partially offset by India's growth; revenue decreased by 8.4 percent, while revenue per 100 litre increased by 1.9%, benefiting from the positive impact of the country mix. The Group's profit before normalized interest tax, depreciation and amortization decreased by 22.9%, which was affected by China's revenue performance, rising costs, deleveraging operations and other reduced operating income.

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