Tsingtao Brewery Company Limited operates within the Malt beverages sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tsingtao Brewery Company Limited with three other
breweries in Asia:
Hitejinro Holdings Company Limited
of KOREA (SOUTH)
sales of 2.03 trillion Korean Won [US$1.84 billion]
of which 57%
was Korean Distilled Sipirits),
Sapporo Holdings Limited
(491.90 billion Japanese Yen [US$4.74 billion]
of which 66%
was Alcohol), and
China Resources Beer Holdings Co Ltd
based in HONG KONG
(37.69 billion Hong Kong Dollars [US$4.86 billion]
of which 100%
During the year ended December of 2019, sales at
Tsingtao Brewery Company Limited were 26.24 billion Chinese Renmimbi (US$4.05 billion).
increase of 5.6%
versus 2018, when the company's sales were 24.84 billion Chinese Renmimbi.
This was the third consecutive year of growth at Tsingtao Brewery Company Limited.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Tsingtao Brewery Company Limited had sales
of 27.30 billion Chinese Renmimbi.
Sales of Finance Company saw an increase
that was more than double the company's growth rate: sales were up
23.9% in 2019, from
5.22 million Chinese Renmimbi to 6.47 million Chinese Renmimbi.
Tsingtao Brewery Company Limited also saw significant increases in sales in
Shandong Region (up 8.0% to 16.63 billion Chinese Renmimbi)
Huanan Region (up 8.5% to 2.53 billion Chinese Renmimbi)
Not all segments of Tsingtao Brewery Company Limited experienced an increase in sales in 2019:
sales of Unallocated fell 15.6% to 1.99 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Tsingtao Brewery Company Limited also experienced decreases in sales in
Huadong Region (down 7.0% to 2.65 billion Chinese Renmimbi)