China Resources Beer : Swings to Net Profit of CNY629 Million for 2016
By Chester Yung and Joanne Chiu
HONG KONG--China Resources Beer (Holdings) Co. (0291.HK) said Tuesday that it swung to net profit of 629 million yuan ($91.0 million) for 2016 from a net loss of CNY4.12 billion a year earlier.
The Hong Kong-listed company said revenue for the year was CNY28.69 billion ($4.15 billion). The company declared a final dividend of CNY0.08 ($0.01) a share.