BUD APAC's stock plummeted 5.21% during intraday trading on Thursday, reflecting a sharp negative market reaction to the company's latest financial disclosures.

The decline follows the release of the company's annual results, which showed a 7.7% year-on-year decrease in revenue to $5.764 billion and a 32.6% drop in profit attributable to equity holders. Furthermore, the company's total volume for the full year declined by 6.0%. The fourth-quarter performance was particularly weak, with revenue down 6% year-on-year and the quarterly loss widening significantly to $105 million from a loss of $16 million in the same period last year.