TSINGTAO BREW (00168) announces its first quarter performance, with a net profit attributable to equity holders of approximately 1.71 billion yuan, a year-on-year increase of 7.08%.

TSINGTAO BREW (00168) announced its first quarter performance for 2025, with operating income of approximately 10.4455 billion yuan, a year-on-year increase of 2.91%; net profit attributable to shareholders of the listed company was approximately 1.71 billion yuan, a year-on-year increase of 7.08%; and basic earnings per share were 1.254 yuan. In the first quarter of 2025, the company achieved a total product sales volume of 22.61 million hectoliters, including: the main brand Tsingtao Brewery achieved a product sales volume of 13.75 million hectoliters, a year-on-year increase of 4.1%; and sales of above-medium to high-end products reached 10.11 million hectoliters, a year-on-year increase of 5.3%.