

Core Viewpoint - China Resources Beer (00291) reported a strong performance in its interim results, with significant growth in net profit and high-end beer sales, leading to a notable increase in stock price [1] Financial Performance - The company achieved a revenue of 23.942 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 0.83% [1] - Shareholder profit reached 5.789 billion RMB, marking a year-on-year increase of 23.04% [1] - Basic earnings per share were reported at 1.78 RMB, with an interim dividend proposed at 0.464 RMB per share, up 24.4% from the previous year's 0.373 RMB [1] Beer Sales Performance - The group sold approximately 6.487 billion liters of beer in the first half of 2025, reflecting a year-on-year increase of 2.2% [1] - High-end beer products continued to perform well, with sales of premium and above beer increasing by over 10% year-on-year [1] - Specific brands showed remarkable growth: "Heineken" sales grew over 20% despite a high base last year, "Snow" sales increased by over 70%, and "Red Duke" sales doubled compared to the same period last year [1]