Uni-President China Holdings Ltd

00220: XHKG (HKG)
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Uni-President China Holdings Earnings: Beverage Segment Dragged Results; Retain Fair Value Estimate

Uni-President China reported third-quarter net profit of CNY 726 million, a 4% decline from last year, due to sales pressure in the beverage segment amid aggressive subsidies by food delivery platforms on fresh tea products.

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