
Core Insights - Budweiser APAC Holdings Limited reported a revenue of $3.136 billion for the first half of 2025, a year-on-year decline of 5.6% [1] - The company achieved a net profit of $409 million and a sales volume of 4.3628 million kiloliters, which represents a 6.1% decrease compared to the previous year [1] Performance Summary - In China, the company's sales volume decreased by 8.2%, with revenue and revenue per hectoliter declining by 9.5% and 1.4% respectively [1] - The second quarter saw a sales volume reduction of 7.4% and a revenue decrease of 6.4%, attributed to ongoing weaknesses in business layout and channel performance [1] - In South Korea, despite a weak industry performance, the company continued to outperform the market across various channels [1] - Growth momentum in India is accelerating, with Budweiser brand growth outpacing the industry [1]