Chongqing Brewery released its 2026 semi-annual report. In the first half, beer sales volume reached 1.7492 million kiloliters, down 2.87 percent year on year. Operating revenue was 8.576 billion yuan, down 2.98 percent, and net profit attributable to the parent company was 796 million yuan, down 7.98 percent. In the second quarter, revenue was 4.226 billion yuan, down 5.75 percent year on year, and net profit attributable to the parent company was 358 million yuan, down 8.69 percent. By product category, premium product revenue was 5.185 billion yuan, down 1.53 percent. Mainstream product revenue was 2.966 billion yuan, down 5.69 percent. Economy product revenue was 202 million yuan, up 3.17 percent. Premium and mainstream products together accounted for about 95 percent of total revenue. The company said the non-on-premise channel is a core growth segment, and instant retail O2O and e-commerce maintained good growth momentum. As of the close on August 19, Chongqing Brewery traded at 42.51 yuan per share, with a total market value of 20.6 billion yuan, and has fallen 16.5 percent cumulatively this year.
Chongqing Brewery Co LtdFirst-half revenue and net profit both declined, with premium and mainstream products down.
