Budweiser Brewing Company APAC (BUD APAC, 1876.HK) saw its stock plummet by 5.00% in Thursday's trading session following the release of its financial results for the first nine months of 2025. The beverage giant reported a significant decline in key financial metrics, raising concerns among investors about the company's performance in the competitive Asian market.

According to the financial report, BUD APAC's revenue for the nine-month period fell by 6.6% year-on-year to $4.691 billion. The company's normalized profit attributable to shareholders dropped by 12.74% to $678 million, while the total volume declined by 7.0%. The poor performance was primarily attributed to challenges in the Chinese market, where volumes fell by 9.3% and revenue dropped by 11.3% due to slow on-premise channels and strategic inventory management.

Despite the overall downturn, BUD APAC highlighted some positive developments in other markets. India maintained robust growth, supported by the Budweiser brand, while South Korea outperformed in both on-premise and in-home channels. The company also reported ongoing investments in brand initiatives and digital sales platforms across the region. However, these bright spots were not enough to offset the negative sentiment surrounding the company's declining financial figures, leading to the sharp drop in stock price.