BUD APAC(HK:01876) 智通财经网·2025-10-29 23:11Core Insights - Budweiser APAC reported a revenue of approximately $4.691 billion for the first nine months of 2025, representing a year-on-year decrease of 6.6% [1] - Gross profit for the same period was $2.412 billion, down 5.8% year-on-year [1] - Net profit attributable to equity holders was $594 million, a decline of 19.95% year-on-year, while normalized profit attributable to equity holders was $678 million, down 12.74% year-on-year [1] Revenue and Sales Performance - Total sales volume decreased by 7.0% in the first nine months of 2025, with a more significant decline of 8.6% in the third quarter of 2025, primarily due to the company's business layout and channel performance in China, although partially offset by strong performance in India [1] - Revenue for the first nine months of 2025 decreased by 6.6%, while revenue per hectoliter increased by 0.4% [1] - In the third quarter of 2025, revenue fell by 8.4%, with revenue per hectoliter increasing by 0.1%, driven by revenue management measures in Eastern Asia and a favorable product mix in India, but negatively impacted by performance in China [1]