China Resources Beer Announced 2015 Annual Results
2016-03-18,China Resources Bank

On 21 March, China Resources Beer announced its financial results for the year ended 31 December 2015.

Consolidated turnover and the consolidated profit attributable to shareholders of the Company’s continuing operations amounted to approximately HK$34,821 million and HK$831 million, respectively, representing increases of 1.0% and 13.8%, respectively. As at the end of 2015, the Group operated 97 breweries in 25 provinces in mainland China, with an aggregate annual production capacity of approximately 22,000,000 kiloliters.

In 2015, China Resources Beer sold all non-beer businesses to China Resources for a total consideration of HK$30,000 million. Consequentially, China Resources Beer has transformed from a leading consumer goods conglomerate into a beer-focused corporate. In the future, China Resources Beer will grow its market share and brand value to create long-term sustainable value for its shareholder and consumers.