China: Chongqing Brewery’s revenue, beer production drop in H1

China’s Chongqing Brewery’s first half revenue dropped 2.21 percent year-on-year to 1.06 billion yuan, Capital Vue reported on August, 26.

Net profit attributable to shareholders increased 6.13 percent year-on-year to 92.48 million yuan, the company said in a filing. Earnings per share hit 0.191 yuan.

Chongqing Brewery earned 11.76 million yuan from the disposal of non-current assets and received a government subsidy of 6.59 million yuan in the first half.

Beer production in the first half dropped 6.76 percent year-on-year to 447.1 litres, the company reported.

27 August, 2010