本季度信息
据公告，百威亚太2025年第三季度实现营收15.55亿美元，同比下降8.4%。销售成本同比下降9.4%，销售、一般及行政开支同比下降6.8%。经调整净利润（“百威亚太股权持有人应占正常化溢利”）为2.04亿美元，同比减少9.3%。经调整息税折旧摊销前利润（EBITDA）为4.38亿美元，经调整EBITDA利润率为28.2%，较去年同期提升0.46个百分点。
业务分项
在中国市场，第三季度销量同比下滑11.4%，收入同比下降15.1%，主要受业务布局和即饮渠道疲弱影响。印度市场收入保持双位数增长，主要得益于持续推动高端产品组合和强劲需求。韩国市场第三季度在即饮和非即饮渠道均优于整体行业，销量基本持平，营收实现中单位数增长。
高管解读
程衍俊（首席执行官及联席主席）: “2025年前九个季度，我们在中国的业务仍因我们的业务布局及即饮渠道持续疲弱而面临挑战。在韩国，我们的毛利率扩张，各个渠道的表现均超越行业水平。在印度，我们延续强劲的增长动能，百威品牌的增长领先行业。我们将继续专注于强化我们的主要产品组合，扩大我们的非即饮营销规模，并提升执行能力以把握未来的增长机遇。”
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