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04.07.25 - 04:45
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Research: BOCI Keeps CHINA RES BEER TP at $31.1 w/ Rating Buy (AAStocks)
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BOCI released a research report expecting CHINA RES BEER (00291.HK) to post low-to-mid single digit YoY growth in beer business revenue in 1H25, on the back of stabilizing average selling prices and low single digit sales volume growth. In terms of baijiu, the broker forecasted 1H25 sales to decline, and the industry's profi......
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27.06.25 - 11:00
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CHINA RES BEER Chairman Resigns (AAStocks)
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Hou Xiaohai has tendered his resignation as an executive Director and the Chairman of the Board, and ceased to be the chairman of the Finance Committee and a member of each of the Executive Committee and the Share Option General Committee under the Board with effect from the conclusion of the Board meeting held on 27 June, as he......
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19.03.25 - 08:15
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Research: Daiwa Lifts CHINA RES BEER TP to $38, Reiterates Rating Buy (AAStocks)
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CHINA RES BEER (00291.HK)'s ASP and margin expanded, and its market share gain in the sub-premium segment increased rapidly, hence the Company is confident in defending its market share amid the industry-wide recovery, Daiwa issued a research report saying. Therefore, the broker reiterated rating at Buy on the stock, and lif......
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19.03.25 - 05:15
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Research: CMSI Upgrades CHINA RES BEER to Buy, Elevates TP to $33 (AAStocks)
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CHINA RES BEER (00291.HK)'s 2H24 results were in line with expectations, reflecting a solid foundation for a more realistic recovery this year, according to a research report released by CMSI.CMSI lowered its EBIT forecast for CHINA RES BEER by 4-5% to reflect the real 2H24. The broker elevated its target price on CHINA RES ......
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19.03.25 - 03:45
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Research: Citi Lowers CHINA RES BEER TP to $35.6, Maintains Buy Rating (AAStocks)
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China’s consumption-boosting policies are envisaged to positively impact the catering industry in 2Q25 and 3Q25, reinforcing Citi’s increasingly optimistic expectation for the consumer sector, Citi said in a report. Management at CHINA RES BEER (00291.HK) also expressed optimism about this year’s prospects, spo......
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18.03.25 - 08:00
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CHINA RES BEER (00291.HK) Leaps ~3% Post Results (AAStocks)
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CHINA RES BEER (00291.HK) saw its stock leap 2.93% to HKD28.1 following its results announcement. Trading volume reached 19.865 million shares, with a turnover of HKD550 million.At noon, the company released its full-year results for the period ending December 31, 2024. Revenue totaled RMB38.635 billion, down 0.8% YoY, while net......
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18.03.25 - 05:45
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Results: CHINA RES BEER 2024 NP RMB4.74B, Down 8% YoY; Final DPS RMB0.387 (AAStocks)
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CHINA RES BEER (00291.HK) announced its full-year results for the period ending December 31, 2024. Revenue reached RMB38.635 billion, down 0.8% YoY, while net profit stood at RMB4.739 billion, a decline of 8% YoY. EPS was reported at RMB1.46. The company declared a final dividend of RMB0.387 per share, compared to a total divide......
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