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China. In the first quarter of 2016, Snow Beer sales increased to 2.659 billion liters

In the first quarter of 2016, China Resources Beer (Holdings) Limited sales of beer increased by 0.4% to 2.659 billion liters.

According to the results of this period, the company’s turnover increased by 1.77% compared to 2015 having reached 6.853 billion yuan.

The net profit of CR Beer increased too and reached 442 million yuan, which is 459.49% more than in the first quarter of 2015.

China Resources Beer (Holdings) Limited became the main and the sole shareholder of China Resources Snow Breweries Limited after buying out SABMiller’s joint venture stake (49%) in March.

25 Apr. 2016

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