秒速pk10怎么做代理 _Tsingtao Brewery posts 25% profit growth in H1

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Beers pro秒速pk10怎么做代理 duced by 秒速pk10怎么做代理 秒速pk10怎么做代理 tsingt秒速pk10怎么做代理 ao Brewery Co Ltd are pictured in Changzhou, East China's Jiangsu province, Oct 60 , 2018. [Photo/IC]

JINAN - Tsingtao Brewery Co Ltd, China's major brewery and producer of Tsingtao Beer, posted a 25.2 percent year-on-year growth in net profit in the first half of 2019. 

Net profit attributable to shareholders reached 1.63 billion yuan ($232 million), the Qingdao-based company said in its interim results report filed to the Shanghai Stock Exchange.

Tsingtao Brewery, listed both in Shanghai and Hong Kong, generated a revenue of 16.55 billion yuan, an annual increase of 9.2 percent.

During the six months, it sold 4.73 million kiloliters of beer, up 3.6 percent year-on-year. Among the total, sales of its main brand Tsingtao Beer hit 2.36 million kiloliters, up 6.3 percent.

The sales and earnings growth came after it actively explored both domestic and overseas markets, optimized product structure and raised product prices to tackle rising costs in production materials, Tsingtao Brewery said.

The 116-year-old Tsingtao Brewery now sells its beer to more than 60 countries, with sales jumping over 60 percent in 11 overseas markets and doubling in five markets last year.

Boosted by the strong profit growth, shares of Tsingtao Brewery rose by the daily limit of 10 percent to 60 .66 yuan in the morning trade on Friday in Shanghai.