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....
India. UBL’s September quarter profit down 48.09% to Rs27.05 crore
Liquor firm United Breweries on Friday reported 48.09% decline in standalone net profit to Rs27.05 crore for the quarter ended on 30 September 2016. It had posted a net profit of Rs52.11 crore in the July-September quarter a year-ago, the company said in a filing to the BSE.
Total income from operations on standalone basis was up 3.16% to Rs2,201.24 crore during the period under review as against Rs2,133.74 crore of the corresponding quarter of the previous fiscal. Its total expenses were up 4.45% to Rs2,150.29 crore as against Rs2,058.54 crore.
For the first half of FY 2016-17, United Breweries’ net profit was marginally down 0.08% to Rs174.11 crore as against a net profit of Rs174.25 crore in the year-ago period. Its total income from operation in the first half of the current fiscal was up 9.60% at Rs5,445.87 crore as against Rs4,968.55 crore in the same period last year.
Shares of the company settled on Friday at Rs875.00 on BSE, up 0.39% from previous close.
7 Nov. 2016