Budweiser APAC Third-Quarter Net Profit Falls 50%
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30 October 2026, Ming Pao daily economic report: Budweiser APAC announced its third-quarter results, with net profit of US$92 million, down 50 per cent year on year and below market expectations; revenue was US$1.45 billion, down 6.8 per cent; gross margin fell about 2.7 percentage points to 48.7 per cent; beer sales volume fell 10.2 per cent to 20.21 billion litres. The group said its China business came under pressure from severe weather and continued weakness in the on-trade channel, while its market share in South Korea continued to expand, partly offsetting the impact of industry weakness.
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- 明報·每日經濟百威亞太第三季純利跌50% 中國業務受天氣及即飲渠道拖累
百威亞太第三季純利9200萬美元，按年跌50%，遜市場預期；收入14.5億美元跌6.8%，毛利率降約2.7個百分點至48.7%，啤酒銷量跌10.2%至202.1億升。集團稱中國業務受惡劣天氣及即飲渠道持續疲弱影響而承壓，韓國市場份額持續擴大，部分抵消行業疲軟影響。
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