San Miguel Brewery Hong Kong Reports 33% Increase in Profit to HK$51.1 Million for H1 2025

Reuters
Aug 29
<a href="https://laohu8.com/S/SMGLF">San Miguel Brewery</a> Hong Kong Reports 33% Increase in Profit to HK$51.1 Million for H1 2025

San Miguel Brewery Hong Kong Ltd. has reported a consolidated profit of HK$51.1 million for the first half of 2025, marking a 33% increase from HK$38.5 million in the same period of 2024. The net profit attributable to equity shareholders rose to HK$49.6 million, up from HK$37.6 million the previous year. The Group's consolidated revenue reached HK$390.3 million, reflecting a 3.2% increase compared to 2024, while gross profit grew by 11.6% to HK$155.7 million, with a gross profit margin of 39.9%. The Company noted substantial growth in operating profit, driven by increased volumes, improved export margins, reduced fixed costs, and higher leasing income. Despite a 4% decline in total domestic volumes, strong growth in export volumes led to a 14% rise in overall volumes. In Hong Kong, the economy experienced moderate growth with a 3% year-on-year increase in real GDP in the first quarter of 2025, although private consumption contracted by 1%. San Miguel Brewery Hong Kong Ltd. has launched various marketing initiatives, including television commercials and promotional activities, to strengthen brand visibility and drive sales growth. The company's cash and bank balances stood at HK$249.6 million as of June 30, 2025, with loans amounting to HK$3.6 million. The Board decided not to distribute dividends for the six months ending June 30, 2025.

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