Budweiser Brewing Co APAC Stock (OTC: BDWBF)

Budweiser Brewing Co APAC (OTC:BDWBF) Stock, Quote.Headers.trade-ideas

Budweiser APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2023 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass and Harbin.

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BDWBF

Key Takeaways:


	Budweiser APAC’s profit fell 15% in the first nine months of the year as its revenue in China fell 16.1% in the third quarter
	The mainstream beer maker’s efforts to develop higher-end products may be meeting with headwinds from increasingly cautious Chinese consumer


By Lau Chi Hang

Budweiser&#39;s China Glass Drains As Consumers Have Less To Toast

BUDWEISER BREWING CO by BUDWEISER BREWING CO APAC LTD.

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Budweiser Brewing Co APAC

Budweiser Brewing Co APAC (OTC:BDWBF) Stock, Quote.Headers.trade-ideas

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