Jinwu Financial News | Budweiser Asia Pacific (01876)'s stock price was under pressure. At one point, it fell more than 4% during the intraday period. The provisional report was HK$11.14, down 2.62%, and the turnover was HK$21.324 million.
The company announced its first-quarter results in the morning, and recorded profit attributable to equity holders of US$287 million, a year-on-year decrease of 3.37%; earnings per share were 2.18 cents, and the basic profit per share was normalized to 2.26 cents. During the period, revenue was US$1,643 million, a year-on-year decrease of 3.4%. Overall sales declined by 4.8% due to the moderate performance of the Chinese and Korean industries.