Hong Kong San Miguel Brewery (00236.HK) issued a profit warning, expecting a decrease in net profit of about 11.4 million Hong Kong dollars in the mid-term compared to the same period last year.

date
22/07/2026
Intelligence Finance APP News, Heineken (00236.HK) announced that, based on the preliminary review of unaudited management accounts of the Company and its subsidiaries (the Group) for the most recent period, the Group is expected to achieve a comprehensive net profit of approximately 11.4 million Hong Kong dollars for the six months ending June 30, 2026, compared to a net profit of 51.1 million Hong Kong dollars achieved by the Group in the same period of 2025. The Board of Directors believes that this decrease is mainly due to the adverse impact of the Iran conflict and the resulting regional geopolitical tensions. These developments have had a negative impact on export sales volumes and have led to an increase in operating costs in the six months ending June 30, 2026.