China: Beijing Yanjing Brewery’s Q1 net profit up 27% yoy

Beijing Yanjing Brewery recorded operating revenue and net profit of 2.087 billion yuan and 30.76 million yuan in the first quarter of this year, NetEase cited a company filing on April, 20.

The brewer’s operating revenue and net profit thus grew by 10.32 percent and 26.54 percent respectively year-on-year.

The company sold 940,000 kiloliters of beer in the first quarter, of which its own products accounted for 890,000 kiloliters, an increase of 5.95 percent year-on-year.

21 April, 2010