Latest news for Tsingtao Brewery (OTC:TSGTY) Stock

TSINGTAO BREWERY ADR

With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2023. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.

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TSGTY

Tsingtao Brewery H1 Net Profit Up 1.77%

TSINGTAO BREWRY H S/ADR by Tsingtao Brewery Co., Ltd.

Tsingtao Brewery Co Ltd

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Tsingtao Brewery Co (OTC: <a class="ticker" href="/stock/tsgty#OTC">TSGTY</a>) reported a 1.77% rise in its net profit for the first half of the year. 

Tsingtao Brewery's net profit for the period surged to 1.01 billion yuan ($158.78 million), from CNY989.9 million, in the year-ago period. 

Its revenue climbed 11.2% to CNY13.41 billion, versus CNY12.05 billion.

Tsingtao Brewery shares fell 0.03% to close at $58.48 yesterday.

Tsingtao Brewery

Tsingtao Brewery Co (OTC: <a class="ticker" href="/stock/tsgty#OTC">TSGTY</a>) reported a 1.77% rise in its net profit for the first half of the year. 

Tsingtao Brewery's net profit for the period surged to 1.01 billion yuan ($158.78 million), from CNY989.9 million, in the year-ago period. 

Its revenue climbed 11.2% to CNY13.41 billion, versus CNY12.05 billion.

Tsingtao Brewery shares fell 0.03% to close at $58.48 yesterday.

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