Budweiser Brewing Company APAC Limited

1876

KYG1674K1013

Brewers

Market Closed - Hong Kong S.E. Other stock markets 04:09:00 2024-05-03 am EDT			5-day change	1st Jan Change
11.34 ^HKD	+0.89%		+3.66%	-22.44%

Apr. 08	Wall Street, US Economy Outlook Lifts Asian Stock Markets	MT
Apr. 08	Jefferies Adjusts Budweiser Brewing Co APAC’s Price Target to HK$21.20 From HK$21.70, Keeps at Buy	MT

Budweiser Brewing Company APAC Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

October 30, 2023

Budweiser Brewing Company APAC Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 1,897 million compared to USD 1,860 million a year ago. Net income was USD 300 million compared to USD 300 million a year ago.
For the nine months, sales was USD 5,563 million compared to USD 5,313 million a year ago. Net income was USD 875 million compared to USD 925 million a year ago. Basic earnings per share from continuing operations was USD 0.0662 compared to USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.0659 compared to USD 0.0699 a year ago.

Latest news about Budweiser Brewing Company APAC Limited

Wall Street, US Economy Outlook Lifts Asian Stock Markets	Apr. 08	MT
Jefferies Adjusts Budweiser Brewing Co APAC’s Price Target to HK$21.20 From HK$21.70, Keeps at Buy	Apr. 08	MT
Hong Kong Stocks Close Flat as Investors Eye China Data	Apr. 08	MT
Jefferies Adjusts Budweiser Brewing Co APAC’s Price Target to HK$21.20 From HK$21.70, Keeps at Buy	Apr. 08	MT
Budweiser Brewing Co. APAC Shares Fall on Worries Over 1Q Results	Apr. 08	DJ
Budweiser APAC’s Profit Down in Fiscal 2023	Mar. 22	MT
Budweiser APAC Grants Over 13 Million Voluntary Shares, 12 Million Restricted Stock Units	Mar. 04	MT
Jefferies Adjusts Budweiser Brewing Co. APAC’s Price Target to HK$21.70 From HK$23.40, Keeps at Buy	Mar. 01	MT
Nomura Adjusts Budweiser Brewing Company APAC’s Price Target to HK$15.20 From HK$15.30, Keeps at Buy	Mar. 01	MT
Transcript : Budweiser Brewing Company APAC Limited, 2023 Earnings Call, Feb 29, 2024	Feb. 28
Budweiser Brewing Company APAC Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Nomura Starts Budweiser Brewing at Buy With HK$15.30 Price Target	Feb. 06	MT
Earnings, Regulatory Outlooks Lift Asian Stock Markets.	Jan. 29	MT
China Markets Up on Stimulus Hopes, Asian Exchanges Close Unevenly	Jan. 23	MT
Jefferies Adjusts Budweiser Brewing Company APAC's Price Target to HK$23.40 From HK$23.90, Keeps at Buy	Jan. 22	MT
Q3 Beer Sales in China Report Slowdown in Growth	Nov. 06	MT
Jefferies Adjusts Budweiser Brewing Co APAC's Price Target to HK$23.90 From HK$28.30, Keeps at Buy	Nov. 01	MT
Budweiser APAC's Q3 Profit Slips	23-10-31	MT
Transcript : Budweiser Brewing Company APAC Limited, Nine Months 2023 Earnings Call, Oct 31, 2023	23-10-30
Budweiser Brewing Company APAC Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
China to provide more opportunities for foreign companies to promote trade	23-10-15	RE
Interest Rates, US Jobs Outlook Weigh on Asian Stock Markets	23-10-06	MT
Hong Kong stocks rise ahead of US payrolls data, China market reopen	23-10-06	RE
Cooling Interest Rates Lift Asian Stock Markets	23-10-05	MT
Jefferies Adjusts Budweiser Brewing Co APAC’s Price Target to HK$28.30 From HK$30, Keeps at Buy	23-10-05	MT

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Company Profile

Budweiser Brewing Company APAC Limited is specialized in the production and marketing of beer. The group offers flavored beers sold under the Budweiser, Stella Artois, Corona, Blue Gir, Hoegaarden, Cass and Harbin brands. At the end of 2021, Budweiser Brewing Company APAC Limited has 52 production sites worldwide. All net sales are generated in Asia/Pacific.

Sector

Brewers

Calendar

2024-05-06 - Q1 2024 Earnings Release

Related indices

HONG KONG HANG SENG

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Ratings for Budweiser Brewing Company APAC Limited

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.452 USD

Average target price

2.16 USD

Spread / Average Target

+48.78%

Consensus

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Quarterly earnings - Rate of surprise

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