China Resources Beer reports lower profit: what it means for China Resources Beer stock

Published on 10/13/2026 at 02:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached RMB 24.24 billion in the first half, up 1.24 percent year over year. For China Resources Beer stock, the interim dividend is CNY 0.45.

Key points in brief

China Resources Beer reported first-half 2026 revenue of RMB 24.24 billion, up 1.24 percent year over year.
Profit attributable to shareholders fell 10.71 percent to RMB 5.17 billion after lower relocation compensation revenue.
Premium beer sales and average selling prices grew, while the last Lang & Schwarz indication was EUR 2.19 on October 12, 2026.

China Resources Beer, HK0291001490, Illustration mit AI erstellt.

China Resources Beer (ISIN HK0291001490) reported lower profit for the first half of 2026, with profit attributable to shareholders falling 10.71 percent to RMB 5.17 billion. GMT Eight reported the interim figures on August 19, 2026, including revenue of RMB 24.24 billion, up 1.24 percent year over year, and an interim dividend of CNY 0.45 per share.

What the profit decline means

The earnings decline was not matched by a revenue contraction. Beer revenue rose 2.20 percent to RMB 23.67 billion in the first half of 2026, while beer sales volume increased 1.70 percent.

iNEWS attributed the profit pressure to relocation compensation revenue falling from RMB 827.00 million to RMB 80.00 million, alongside higher packaging and marketing costs. That comparison makes the 10.71 percent decline a weaker guide to underlying beer operations than the headline profit figure suggests.

Premium beer raises average prices

China Resources Beer's premiumization strategy produced a measurable operating benefit in the first half of 2026. Average selling prices rose 0.50 percent year over year, while earnings before interest and tax in the beer business increased 1.20 percent excluding a RMB 115.00 million gain from an investment relocation agreement.

Sales of mid-tier and above beer products increased by more than 10.00 percent, and the beer segment accounted for most of the group's first-half revenue. The baijiu business added RMB 570.00 million of revenue and RMB 84.00 million of earnings before interest, tax, depreciation, and amortization.

Last euro indication

The last Lang & Schwarz indication was EUR 2.19 on October 12, 2026 at 10:57 p.m. CEST. The figure is dated to the last available indication rather than a trading session on October 13, 2026.

The further course of trading is shown by the continuously updated real-time quote of China Resources Beer stock.