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San Miguel Brewery HK Reports 2024 Financial Loss

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San Miguel Brewery HK Reports 2024 Financial Loss

San Miguel Brewery HK Ltd. ( (HK:0236) ) has provided an announcement.

San Miguel Brewery Hong Kong Limited reported its financial results for the year ending December 31, 2024, showing a decline in performance compared to the previous year. The company experienced a net loss of HKD 18.9 million, a significant drop from the profit of HKD 89.6 million in 2023, attributed to increased impairment losses and reduced gross profit, impacting its financial stability and market position.

More about San Miguel Brewery HK Ltd.

San Miguel Brewery Hong Kong Limited operates in the beverage industry, focusing primarily on the production and distribution of beer. The company serves the Hong Kong market and is part of a larger group with subsidiaries that contribute to its operations.

YTD Price Performance: -2.38%

Average Trading Volume: 75,136

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$306.3M

Learn more about 0236 stock on TipRanks’ Stock Analysis page.

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