Budweiser Brewing Co APAC Ltd
01876: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.@ | LOCK|yj^f | LOCK|@^?Q!%H |
Budweiser APAC Earnings: China Stays Weak as Expected; We Maintain HKD 11.60 Fair Value Estimate
Budweiser APAC's second-quarter organic revenue fell 2.1% year on year, dragged by a 9.7% decline in China volumes, with the company noting that it underperformed an already soft industry backdrop. Management said July trading remained weak, with no clear signs of improvement.
