Tsingtao Brewery(600600) 搜狐财经·2025-04-07 12:35Core Viewpoint - Qingdao Beer (SH600600) reported a decrease in revenue for 2024, while net profit showed a slight increase, indicating mixed financial performance amid challenges in production and sales volumes [1][2]. Financial Performance - In 2024, Qingdao Beer achieved an operating revenue of 32.14 billion yuan, a decrease of 5.3% compared to 2023 [2]. - The net profit attributable to shareholders was 4.34 billion yuan, reflecting a year-on-year increase of 1.81% [2]. - The net profit after deducting non-recurring gains and losses was 3.95 billion yuan, up 6.19% from the previous year [2]. Production and Sales - The total beer production in 2024 was 7.23 million kiloliters, a decrease of 2.39% year-on-year [3]. - The sales volume for the same period was 7.54 million kiloliters, down 5.85% compared to the previous year [3]. - The inventory level at the end of 2024 was 520,000 kiloliters, which represents a year-on-year increase of 0.78% [3]. Employee Statistics - The total number of employees at Qingdao Beer in 2024 was 29,870, a reduction of 817 employees or 2.66% from 2023 [3]. Leadership Changes - On December 25, 2024, the chairman Huang Kexing announced his resignation due to retirement age, and Jiang Zongxiang was elected as the new chairman and concurrently served as the president [5]. - Jiang Zongxiang's salary in 2024 was reported at 1.02 million yuan, a decline of 35.36% compared to the previous year [5][6].