BUD APAC(HK:01876) 智通财经网·2025-07-30 23:53Core Viewpoint - Budweiser APAC reported a decline in total sales and revenue for the six months ending June 30, 2025, indicating challenges in key markets, particularly in China and Korea, while showing growth potential in India [1] Financial Performance - Total sales volume reached 4.363 billion liters, a year-on-year decrease of 6.1% [1] - Revenue amounted to $3.136 billion, reflecting a year-on-year decline of 5.6% [1] - Profit attributable to equity holders was $409 million, down 24.4% year-on-year [1] - Normalized earnings per share were 3.59 cents [1] Regional Performance - In China, sales performance was below industry levels due to weak operational regions and channels, although the company achieved an expansion in EBITDA margin [1] - In Korea, sales were impacted by pre-shipment arrangements, but the company outperformed the industry in both ready-to-drink and non-ready-to-drink channels [1] - In India, the company accelerated growth momentum by leading the market's premiumization efforts [1]