Budweiser Brewing Co APAC Ltd

01876: XHKG (HKG)

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Budweiser APAC: On-Trade Demand Recovers at a Slower Pace; Reduce Fair Value by 19% to HKD 11.60

Jacky Tsang

Feb 12, 2026

Budweiser APAC reported 2025 results with revenue and net income declining 7.7% and 16.7% year on year, respectively, dragged by persistent weakness in on-trade beer demand in China.

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Budweiser Brewing Co APAC Ltd

Budweiser APAC: On-Trade Demand Recovers at a Slower Pace; Reduce Fair Value by 19% to HKD 11.60

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