Tsingtao Brewery Company Limited (Stock Code: 168) reported revenue of RMB 8.88 billion for the third quarter of 2025, representing a slight year-on-year decrease of 0.17%. From January to the end of September 2025, revenue reached RMB 29.37 billion, a 1.41% increase compared with the same period last year. Net profit attributable to shareholders for the third quarter stood at RMB 1.37 billion, up 1.62% year on year, contributing to a total of RMB 5.27 billion for the first three quarters, which showed a 5.70% improvement over the prior year.

By leveraging brand strength, quality enhancements, and distribution networks, the company noted solid growth in products and markets. From January to September, total product sales reached 6.894 million kiloliters, a 1.6% rise year on year. Within these volumes, the flagship Tsingtao Beer brand delivered 3.99 million kiloliters, up 4.1%, while mid-to-high-end and premium product sales totaled 2.935 million kiloliters, up 5.6%. Basic earnings per share for the first three quarters stood at RMB 3.867, a 5.45% increase compared to the previous year.