China Resources Beer Boosts Profit on Higher-Margin Beer SalesBloomberg News
First half profit from continuing operations grew 45 percent
Sales of beer dropped due to slowing economy, bad weather
China Resources Beer Holdings Co., maker of the world’s top-selling brew, reported 605 million yuan (US$91 million) in profit for the first half of the year after focusing on more premium products that garnered higher prices even as sales dipped slightly.
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