BUZZ-Budweiser Brewing sinks to 5-week low as 9-month revenue drops

Reuters10-31

** Budweiser Brewing Company APAC falls 2.3% to HK$8.07, lowest since Sept. 24

** Stock set for the biggest one-day pct fall since Oct. 16

** Brewer's 9-month rev slips 6.1% y/y to $5.1 bln, 9-month net profit drops to $742 mln from $875 mln a year ago and total volumes slide 8.1% y/y

** The subsidiary of Anheuser-Busch InBev says Q3 total volumes and revenue down by 11.4% and 9.4%, respectively, impacted by its performance in China and partially offset by APAC East's strong performance

** Rivals China Resources Beer climbs 0.3% and Tsingtao Brewery gains 0.5%

** Stock down 43.5% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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