Budweiser APAC Reports Mixed FY2024 Results, Proposes Dividend Increase

The latest update is out from Budweiser Brewing Co. APAC Ltd. ( (HK:1876) ).

Budweiser Brewing Company APAC Limited reported its financial results for the year 2024, highlighting a challenging year with mixed outcomes. While the company faced a decline in total volumes and revenue due to a weak industry in China, it experienced robust growth in South Korea and India. The Board proposed a 7% increase in the final dividend, reflecting confidence in future growth. Despite a decrease in normalized profit and EPS, the company remains focused on strategic portfolio and channel choices to drive value creation in 2025.

More about Budweiser Brewing Co. APAC Ltd.

Budweiser Brewing Company APAC Limited, incorporated in the Cayman Islands, operates in the beverage industry, focusing primarily on brewing and distributing beer across the Asia-Pacific region. The company has a significant market presence in countries like China, South Korea, and India.

YTD Price Performance: 8.41%

Average Trading Volume: 16,702,664

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$107.1B

For an in-depth examination of 1876 stock, go to TipRanks’ Stock Analysis page.