China Resources Beer (00291.HK) Warns of 30–39 % Profit Decline; FY2025 Net Seen at RMB2.92–3.35 Billion

Bulletin Express03-10

China Resources Beer (Holdings) Company Limited (stock code: 00291) has issued a profit warning for the year ended 31 December 2025, projecting net profit in the range of RMB2.92 billion to RMB3.35 billion. This represents a decrease of approximately 29.6 %–38.6 % from the RMB4.76 billion recorded in 2024.

The company attributed the anticipated earnings contraction primarily to an estimated RMB2.79 billion–RMB2.97 billion goodwill impairment. The write-down stems from the January 2023 acquisition of a 55.19 % stake in Guizhou Jinsha Jiaojiu Winery Industry Co., Ltd., with management citing weaker baijiu demand and subdued consumer spending as the key triggers.

China Resources Beer stated that the figures are based on unaudited management accounts and remain subject to audit adjustments. The final audited results are scheduled for release in March 2026.

The board advised shareholders and prospective investors to exercise caution when trading the company’s shares pending the formal results announcement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment