Tsingtao Brewery Co Ltd Class A

600600: XSHG (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Tsingtao Earnings: Sluggish Beer Demand Limits Benefits From Premiumization

Chokwai Lee , Nicole Lim

Oct 29, 2026

Tsingtao's revenue fell 4.5% year on year to CNY 28 billion in the first nine months of 2026, while operating profit declined 3% to CNY 6.9 billion. Shares were little changed following the results.

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Tsingtao Brewery Co Ltd Class A

Tsingtao Earnings: Sluggish Beer Demand Limits Benefits From Premiumization

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