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Beijing Yanjing Brewery Co Brews up 25% rise in net profit

Business | Tobacco and alcohol
2009-7-29

NET profit at Beijing Yanjing Brewery Co, a major Chinese brewer, rose 25.05 percent to 318.42 million yuan (US$46.62 million) in the first half this year, boosted by sales, the company said yesterday. Turnover...

Brewer raises funds

Business | Tobacco and alcohol
2008-12-15

BEIJING Yanjing Brewery Co, China's third-biggest brewer, raised 1.12 billion yuan (US$164 million) in a private share sale, the company said in a statement to the Shenzhen Stock Exchange over the weekend. The...

Lowers minimum share price

Business | Tobacco and alcohol
2008-10-30

BEIJING Yanjing Brewery Co, China's third-biggest brewer, yesterday lowered the minimum price for shares the company plans to sell, the second reduction this year. The company plans to sell as many as 110 million...

Nod for share sale

Business | Tobacco and alcohol
2008-7-4

BEIJING Yanjing Brewery Co, China's third-biggest beermaker, won regulatory approval for a plan to sell as much as 1.8 billion yuan (US$262 million) of shares to upgrade production lines and build barley processing...

Cut-price beer shares

Business | Tobacco and alcohol
2008-5-23

BEIJING Yanjing Brewery Co, China's third-biggest beer maker, has cut the minimum price in a planned share sale by 15 percent, citing stock market conditions. The company plans to sell as many as 110 million shares...

Brewery's share plan to put profits on tap

Business | FMCG/food
2008-1-26

BEIJING Yanjing Brewery Co plans to raise up to 1.8 billion yuan (US$249 million) by selling new shares to upgrade production lines and expand capacity, the company said in its latest filing yesterday. China's...

Brewer's profit up

Business | Tobacco and alcohol
2007-4-25

BEIJING Yanjing Brewery Co, China's second-biggest beer producer by value, said first-quarter profit rose 12 percent as economic growth spurred beverage consumption. Net income rose to 15.9 million yuan (US$2 million),...

Growing wealth drives up beer sales

Business | Tobacco and alcohol
2007-4-12

BEIJING Yanjing Brewery Co, China's second-biggest beer producer by value, said its profit rose 10.9 percent last year as economic growth spurred beverage consumption. Net income rose to 306.9 million yuan (US$39...

Carlsberg eyes Yanjing

Business | Tobacco and alcohol
2006-11-28

CARLSBERG A/S, the Danish brewer planning to invest as much as US$880 million in Asia in the next three years, is seeking acquisitions in China's eastern regions to help it expand 15 percent annually in the biggest beer market, a senior official of the firm said yesterday.

Yanjing eyes stake in Fujian brewery

Business | FMCG/food
2005-11-3

BEIJING Yanjing Brewery Co is competing with foreign rivals for a stake in a Fujian brewer as the company plans to expand its presence in southern China.