China Resources Beer (Holdings) Co ( (CRHKF) ) has released its Q2 earnings. Here is a breakdown of the information China Resources Beer (Holdings) Co presented to its investors.
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China Resources Beer (Holdings) Co., a prominent player in the beverage industry, primarily focuses on the production and sale of beer and baijiu in China. The company is known for its strategic emphasis on premiumization and innovation in product offerings.
In the first half of 2025, China Resources Beer reported a modest increase in turnover, reaching RMB23.94 billion, with significant improvements in profitability. The company’s gross profit margin hit a record high of 48.9%, driven by its premiumization strategy and cost savings in raw materials. Earnings before interest and taxation (EBIT) and profit attributable to shareholders also saw substantial growth, marking a year-on-year increase of 20.8% and 23.0%, respectively.
The beer segment of the company showed robust performance, with a 2.2% increase in sales volume and a notable rise in the sales of premium products. Brands like Heineken, Lao Xue, and Amstel experienced significant growth. The company’s baijiu business, although facing industry restructuring, maintained stable profitability, with the premium product ‘Zhaiyao’ contributing significantly to its turnover.
Looking forward, China Resources Beer aims to continue its premiumization strategy while adapting to consumption trends and market volatility. The company plans to enhance its competitive position through innovative marketing and product development, focusing on both its beer and baijiu segments to drive future growth.