[New post] China Galaxy: Tsingtao Brewery

alanyeo posted: " Beneficiary of China beer consumption upgrading■ Tsingtao announced that sales in 1H21 grew by 17% yoy to Rmb18.3bn, and that net profit rose by 30% yoy to Rmb2.4bn, better than our estimates, driven mainly by better GPM expansion because of its successf" Respond to this post by replying above this line New post on Alpha Edge Investing China Galaxy: Tsingtao Brewery by alanyeo Beneficiary of China beer consumption upgrading■ Tsingtao announced that sales in 1H21 grew by 17% yoy to Rmb18.3bn, and that net profit rose by 30% yoy to Rmb2.4bn, better than our estimates, driven mainly by better GPM expansion because of its successful mix upgrade.■ Because of Covid-19 volatility in some regions, rainstorms in some areas, […] Read more of this post alanyeo | August 27, 2021 at 1:56 pm | Tags: Tsingtao Brewery | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3l8 Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/27/china-galaxy-tsingtao-brewery/ Thanks for flying with WordPress.com