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Yanjing Brewery Reports Strong Financial Growth in 2024

Story Highlights

Beijing Enterprises Holdings ( (HK:0392) ) has issued an announcement.

Beijing Yanjing Brewery Co., Ltd., a subsidiary of Beijing Enterprises Holdings Limited, reported a significant financial performance for the year ending December 31, 2024. The company achieved a 3.20% increase in revenue and a notable 54.87% rise in profit for the year, indicating strong operational growth. The financial results reflect positively on Yanjing Brewery’s market positioning and could have favorable implications for stakeholders, as the company continues to consolidate its position in the beverage industry.

More about Beijing Enterprises Holdings

Beijing Enterprises Holdings Limited, incorporated in Hong Kong, is engaged in gas, water, environmental, and brewery operations in the PRC. Its subsidiary, Yanjing Brewery, is primarily involved in beer brewing and beverage production, with shares listed on the Shenzhen Stock Exchange.

YTD Price Performance: 14.26%

Technical Sentiment Signal: Sell

Current Market Cap: $4.9B

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