1H21: Robust Results; Up Market Push and Price Hike To Drive Earnings Growth Tsingtao Brewery reported a 16.7% yoy increase in revenue and 33.0% yoy increase in core net profit in 1H21. Its gross margin and EBIT margin expanded 2.6ppt yoy and 2.3ppt yoy respectively in 1H21. Sales volume of high-end products saw a 41.4% […]

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