7 Followers HKEX:1876 - Budweiser Brewing Co APAC Ltd Budweiser Brewing Company
Sector: Consumer Staples, Industry: Brewers
Next Earnings: 8 May 2024
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HKD 10.04    +0.02 (+0.20%)

19 Apr 2024


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General

CEO: Mr. Jan Eli B. Craps

Headquarters: HK

Employees: 24,973

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Description

Budweiser Brewing Company APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2022 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.

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