HK Stock Market Move | CHINA RES BEER (00291) fell over 5% in the afternoon, with net profit in the first half of the year decreasing by 10.71% year-on-year. The interim dividend is set at 0.446 yuan.

CHINA RES BEER (00291) plunged more than 5% in the afternoon session, and as of the time of writing, it had fallen 5.05% to HKD 21.04, with a transaction value of HKD 200 million. In terms of news, CHINA RES BEER announced its mid-year results for 2026 at noon. In the first half of this year, it achieved a revenue of RMB 24.24 billion, a year-on-year increase of 1.24%. The profit attributable to shareholders was RMB 5.169 billion, a decrease of 10.71% year-on-year, with basic earnings per share of RMB 1.59. The interim dividend was set at RMB 0.446 per share, compared to RMB 0.464 in the same period last year. In the first half of this year, the unaudited consolidated revenue of the beer business grew by 2.2% year-on-year. The ongoing premiumization has driven a 0.5% year-on-year increase in the average selling price. Excluding approximately RMB 115 million in income from the confirmed investment relocation agreement, the unaudited earnings before interest and taxes of the group's beer business for the first half of 2026 rose by 1.2% year-on-year.