Tsingtao Brewery released its 2026 interim report. First-half net profit attributable to the parent was 3.92 billion yuan, up 0.4% year on year, while operating revenue was 19.65 billion yuan, down 4.1% year on year. Second-quarter net profit attributable to the parent was 2.12 billion yuan, down 3.4% year on year. Total assets were 55.488 billion yuan, up 6.4% from the end of the previous year. During the reporting period, product sales volume was 4.5 million kiloliters, with main-brand Tsingtao Beer sales volume at 2.708 million kiloliters, of which mid-to-high-end product sales volume was 2.044 million kiloliters, up 2.6% year on year. The company accelerated its expansion into emerging markets, with sales volume through emerging channels such as online and instant retail reaching a record high.
Tsingtao Brewery Co LtdNet profit up 0.4% but revenue down 4.1%, Q2 profit down 3.4%; mixed results with mid-to-high-end sales up 2.6%.
