China: Yanjing Brewery posts a slight raise in Q3 net profit

China’s Yanjing Brewery made public its unaudited results for the third quarter ended Sept. 30 in a statement to the Shenzhen stock exchange on October, 24.

According to the brewer, its Q3 turnover amounted to 2,820.83 mln yuan, as compared to 2,609.53 mln yuan in the same period of 2007.

The net profit constituted 193.03 mln yuan (192.71 in Q3 2007), the company announced.

Earnings per share made 0.1754 yuan versus 0.1752 yuan last year.

The company said beer consumption in the Beijing area was affected by restrictions on travel surrounding the Summer Olympic Games.

28 October, 2008