BUD APAC (01876) released its interim performance, with a net profit attributable to shareholders of $409 million US dollars, a decrease of 24.4% year-on-year.

BUD APAC (01876) released its performance for the six months ending on June 30, 2025. The group achieved total sales volume of 4.363 billion liters, a decrease of 6.1% year-on-year; revenue of 3.136 billion US dollars, a decrease of 5.6% year-on-year; net profit attributable to BUD APAC shareholders of 409 million US dollars, a decrease of 24.4% year-on-year; normalized earnings per share of 3.59 cents. In the second quarter of 2025, due to weak performance in the group's key operating regions and channels, the group's sales in China were below industry average. Despite the weak performance, the group still achieved an expansion in pre-tax profit margin in China. In Korea, the group's sales were affected by advance shipment arrangements, but the group's performance in both on-trade and off-trade channels continued to outperform industry average. In India, as the group continues to lead the market towards premiumization, the group has accelerated its growth momentum.