Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
44,936.37
48,737.30
53,675.23
50,725.91
52,762.02
43,340.50
51,289.21
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
44,936.37
48,737.30
53,675.23
50,725.91
52,762.02
43,340.50
51,289.21
Raw Material Cost
22,429.21
25,383.03
27,831.89
26,420.07
25,510.45
21,879.66
25,056.96
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
6,151.73
6,274.94
5,991.11
5,774.39
5,654.12
5,374.95
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
311.84
273.10
391.45
305.39
349.78
271.46
297.74
Selling and Distribution Expenses
15,482.94
15,200.17
15,963.21
15,535.69
17,325.65
15,473.21
16,602.78
Other Expenses
-31.18
-642.48
-666.64
-629.65
-612.42
-592.56
-567.27
Total Expenditure (Excl Depreciation)
37,912.14
40,583.20
43,795.10
41,955.76
42,836.11
37,352.87
41,659.75
Operating Profit (PBDIT) excl Other Income
7024.2
8154.099999999999
9880.1
8770.1
9925.9
5987.6
9629.5
Other Income
1,052.47
1,381.12
1,307.43
1,409.49
1,469.07
1,365.06
2,146.84
Operating Profit (PBDIT)
12,801.10
14,373.05
16,260.71
15,386.91
16,874.83
12,324.28
16,853.51
Interest
311.84
273.10
391.45
305.39
349.78
271.46
297.74
Exceptional Items
-647.07
-288.71
-626.32
-7.83
-310.91
-217.17
-767.85
Gross Profit (PBDT)
22,507.17
23,354.26
25,843.34
24,305.84
27,251.57
21,460.84
26,232.24
Depreciation
4,724.40
5,001.70
5,073.15
5,207.28
5,479.85
4,971.59
5,077.21
Profit Before Tax
7,117.78
8,809.54
10,169.80
9,866.42
10,734.29
6,864.06
10,710.72
Tax
3,360.09
3,199.21
3,499.54
2,615.38
3,357.87
2,877.47
3,596.36
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
3,812.26
5,664.95
6,670.26
7,149.24
7,384.20
3,986.58
7,036.01
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
3,812.26
5,664.95
6,670.26
7,149.24
7,384.20
3,986.58
7,036.01
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
241.68
187.27
219.21
281.90
240.96
178.39
78.35
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
4,053.94
5,852.22
6,889.47
7,431.13
7,625.15
4,164.97
7,114.36
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
79,874.28
79,108.80
84,215.21
84,012.48
85,860.65
82,849.89
76,640.14
Earnings per share (EPS)
0.29
0.43
0.5
0.54
0.56
0.3
0.53
Diluted Earnings per share
0.29
0.43
0.5
0.54
0.56
0.3
0.53
Operating Profit Margin (Excl OI)
15.63%
16.39%
18.41%
17.29%
18.81%
13.82%
18.77%
Gross Profit Margin
26.35%
28.34%
28.4%
29.72%
30.73%
27.31%
30.78%
PAT Margin
8.48%
11.62%
12.43%
14.09%
14.0%
9.2%
13.72%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is -7.80% vs -9.20% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is -30.73% vs -15.06% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is -9.57% vs -13.12% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 14.17% vs -30.22% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Budweiser Brewing Co. APAC Ltd. With
Figures in Million
Consolidate Annual Results
Change(HKD)
Change(%)
Net Sales
44,936.37
41,888.99
3,047.38
7.27%
Other Operating Income
0.00
0.00
0.00
Total Operating income
44,936.37
41,888.99
3,047.38
7.27%
Raw Material Cost
22,429.21
24,026.40
-1,597.19
-6.65%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
6,351.88
-6,351.88
-100.00%
Power Cost
0
0
0.00
Manufacturing Expenses
311.84
93.24
218.60
234.45%
Selling and Distribution Expenses
15,482.94
12,579.17
2,903.77
23.08%
Other Expenses
-31.18
-644.51
613.33
95.16%
Total Expenditure (Excl Depreciation)
37,912.14
36,605.57
1,306.57
3.57%
Operating Profit (PBDIT) excl Other Income
7,024.23
5,283.42
1,740.81
32.95%
Other Income
1,052.47
2,135.92
-1,083.45
-50.73%
Operating Profit (PBDIT)
12,801.10
9,967.27
2,833.83
28.43%
Interest
311.84
93.24
218.60
234.45%
Exceptional Items
-647.07
-133.36
-513.71
-385.21%
Gross Profit (PBDT)
22,507.17
17,862.59
4,644.58
26.00%
Depreciation
4,724.40
2,547.93
2,176.47
85.42%
Profit Before Tax
7,117.78
7,192.74
-74.96
-1.04%
Tax
3,360.09
2,049.18
1,310.91
63.97%
Provisions and contingencies
0
0
0.00
Profit After Tax
3,812.26
5,138.14
-1,325.88
-25.80%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
3,812.26
5,138.14
-1,325.88
-25.80%
Share in Profit of Associates
0
0
0.00
Minority Interest
241.68
21.68
220.00
1,014.76%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
4,053.94
5,159.82
-1,105.88
-21.43%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
79,874.28
33,727.01
46,147.27
136.83%
Earnings per share (EPS)
0.29
1.58
-1.29
-81.65%
Diluted Earnings per share
0.29
1.58
-1.29
-81.65%
Operating Profit Margin (Excl OI)
15.63%
12.61%
0.00
3.02%
Gross Profit Margin
26.35%
23.25%
0.00
3.10%
PAT Margin
8.48%
12.27%
0.00
-3.79%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 4,493.64 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -7.80% vs -9.20% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 405.39 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -30.73% vs -15.06% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 1,174.86 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -9.57% vs -13.12% in Dec 2024
Annual - Interest
Interest 31.18 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 14.17% vs -30.22% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 15.63%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






