Chongqing Brewery 2024 Profit Declines 17%

MT Newswires Live2025-04-03

Chongqing Brewery (SHA:600132) posted 2024 net profit attributable to shareholders of 1.11 billion yuan, down 17% from 1.34 billion yuan the previous year.

Earnings per share slid to 2.30 yuan from 2.76 yuan, according to a filing with the Shanghai bourse.

The brewer's revenue declined 1.2% year over year to 14.6 billion yuan from 14.8 billion yuan.

Chongqing Brewery declared a dividend of 0.90 yuan per share.

Shares of the company rose 1% in recent trade.

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