McGregor China Resources Beer (00291.HK) Meeting minutes: Market share expansion, improved shareholder reporting.
According to the Wise Finance APP, Macquarie released a research report stating that China Resources Beer (00291.HK) is gaining market share in the beer industry and acknowledging the company's improving shareholder returns. The bank gave the company an "outperform" rating with a 12-month target price of 46.7 Hong Kong dollars. The company maintains its 2025 targets: single-digit growth in sales volume and average price, about 1% increase in gross profit margin, cost savings, and expected double-digit growth in profits.
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