In 2015, exports of the Chinese beer amounted to 265.3 million litres, which is 2.9% more than last year. Totally, 257.9 million liters of beer were sold abroad in 2014. In December 2015, the beer export volumes from China increased by 22.2% and amounted to 26.1 million litres. (more…)
United Breweries Ltd’s fiscal third-quarter profit beat analysts’ estimates by a wide margin on a 13% surge in beer sales in terms of volume. (more…)
Asahi Group Holdings Ltd., the Japanese brewer of Super Dry, forecast 2016 profit that trails analyst estimates as a slowing economy weighs on domestic sales. (more…)
Strong beer is helping Carlsberg ride out of sluggish beer sales in India. At a time when the overall Indian beer market is growing at about 5% a year, robust sales of brands like Tuborg and Elephant have helped the Danish brewer double its local business every two years. (more…)
The official launch of the new brewery Heineken Ltd Jiashan took place on 4 February. The launch of the new brewery is important not only for Zhejiang Province but for China as a whole. (more…)
Tipplers in India love their spirits and are yet to warm up to beer, the chilled beverage that the rest of the world prefers. (more…)
After years of steady growth, China’s beer market is losing its fizz as the economy slows and consumers turn to other types of alcohol. To stay afloat, the country’s brewers are looking to reduce overcapacity and otherwise downsize their operations. (more…)
Investors in Big C (BIGC.BK), one of Thailand’s largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France’s Casino Group (CASP.PA) to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi. (more…)
San Miguel Brewery Hong Kong, a unit of conglomerate San Miguel Corp., registered a consolidated net loss of HK$16.9 million in 2015, a turnaround from a profit of HK$37 million in 2014, on lower volume due to the non-renewal of distribution agreements with Anheuser-Busch. (more…)
The Telangana State Beverages Corporation Limited (TSBCL) has geared up to meet a record demand for beer in anticipation of unprecedented hot days of summer ahead. (more…)
