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Heineken cites profit pressure in China

Heineken says China is not a great market for beer profits.

The company says the "vast majority" of China makes no profit at all for beer sales.Heineken reported a 23% increase on organic consolidated beer volume in Q1 for the Asia Pacific region, without breaking out the details for China.Both Carlsberg and Heineken have struggled with the premium segment in China.

17 May. 2016

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