Budweiser Brewing Company APAC Ltd (1876.HK) saw its stock price plummet 5.13% during intraday trading, following the release of its disappointing first-half 2025 financial results.

The Asian arm of the global brewing giant reported a significant decline in its profit for the first half of 2025. The company's profit attributable to equity holders fell to $409 million, down 24.4% from $541 million in the same period last year. This sharp decrease in profitability appears to be the primary driver behind the stock's negative performance.

Additionally, Budweiser APAC's revenue for the first half of 2025 declined by 5.6% to $3.14 billion, compared to $3.40 billion in the prior-year period. The company also experienced a decrease in net finance income, which dropped to $3 million from $20 million in the first half of 2024. These factors, combined with an increase in income tax expense to $263 million from $242 million, have contributed to the overall decline in the company's financial performance and the subsequent stock price drop.