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Profile

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China’s beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken’s sales and market share. CR Beer is now China’s largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
URL https://www.crbeer.com.hk
Investor Relations URL N/A
HQ State/Province N/A
Sector Consumer Staples
Industry Beverages
Equity Style Large Cap/Blend
Next Earnings Release Mar. 18, 2025 (est.)
Last Earnings Release Sep. 03, 2024
Next Ex-Dividend Date N/A
Last Ex-Dividend Date Sep. 04, 2024

Profile

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China’s beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken’s sales and market share. CR Beer is now China’s largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
URL https://www.crbeer.com.hk
Investor Relations URL N/A
HQ State/Province N/A
Sector Consumer Staples
Industry Beverages
Equity Style Large Cap/Blend
Next Earnings Release Mar. 18, 2025 (est.)
Last Earnings Release Sep. 03, 2024
Next Ex-Dividend Date N/A
Last Ex-Dividend Date Sep. 04, 2024