Analysis of beer market in China (on Russian)
Beer market of Ukraine: big three losing weightIn 2016, fast increase of excises and resulting price spike stood in the way of the beer market stabilization. Most of competition (as well as mass sorts) moved to the economy segment of the market. The biggest losses were incurred by the leading three, especially Obolon, which again experienced pressure after reallocation of Efes market share. However, one should already speak of TOP-4. Group Oasis CIS (PPB) became a strong player and competitor to transnational companies. Besides the net sales of many regional medium breweries look rather good and 16-fold cost reduction wholesale trade license for craft brewers opens up a possibility of rapid growth in 2017.
Analysis of beer market in China
China’s transition to a “new normal” reality backfired on the brewing industry unexpectedly. Stagnation and subsequent market decline resulted from dynamic social and economic changes. There has emerged a “two speed” market where the medium class significance is growing, yet the share of main beer consumers, “blue collar” is decreasing. Also the inflow of consumers is shrinking, as demographics stopped being a growth driver. Finally, beer is giving way to other alcohol drinks....
Singapore. Fraser and Neave’s net profit up 34% to $25.5m in Q1
Fraser and Neave reported that its net profit from continuing operations jumped 34% to $25.5m in the first quarter, boosted by a staggering 92% surge in profits from its Dairies segment.
When results from its discontinued operations are included, F&N's net profit fell 29%. Discontinued operations refer to Myanmar Brewery, which was divested in August 2015.
The group's results were also boosted by a one-off $0.3m insurance claim related to the floods in Malaysia and the absence of impairment loss on fixed assets of $1.0 million recorded in the corresponding quarter last year.
F&N's beverages revenue decreased 19% to to $132.1 million, mainly on due to weaker soft drinks sales in Malaysia on competition-led pricing pressures and weaker Ringgit.
The group's Publishing & Printing segment also bounced back from a loss of $0.7 million to a profit of $2.5 million during the quarter.
4 Feb. 2016