Budweiser APAC's Q1 2026 Profit Falls on Flat Revenue

MT Newswires Live

May 05

Budweiser Brewing Company APAC (HKG:1876) recorded $226 million in attributable profit for the first quarter of 2026, down from $234 million a year earlier, according to a Hong Kong bourse filing Tuesday.

Earnings per share fell to $1.68 from $1.76 in the prior year, well above analysts' forecast of $0.02 in a Visible Alpha survey.

Revenue inched down 0.7% to $1.49 billion from $1.46 billion a year ago, beating the Visible Alpha estimate of $1.44 billion.

Revenue per hectoliter dropped 0.8% in the first quarter due to additional investment in China.

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