Tsingtao Brewery H1 Net Profit Up 1.77%
Tsingtao Brewery Co (OTC: TSGTY) reported a 1.77% rise in its net profit for the first half of the year.
Tsingtao Brewery's net profit for the period surged to 1.01 billion yuan ($158.78 million), from CNY989.9 million, in the year-ago period.
Its revenue climbed 11.2% to CNY13.41 billion, versus CNY12.05 billion.
Tsingtao Brewery shares fell 0.03% to close at $58.48 yesterday.
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