Brewer giant Habeco posts biggest quarterly loss in 4 years
Habeco, among the top four brewers in Vietnam by market share, suffered a net loss of VND21 billion ($828,570) in the first quarter of 2024, up nearly sixfold from the same period last year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Heineken Vietnam’s Q1 revenue expands amid national market decline
The beer market in Vietnam declined by a mid-single-digit in the first quarter of this year, but Heineken’s net revenue (per before exceptional items and amortization-beia formula) was up in the mid-teens, the Dutch brewer said Wednesday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Carlsberg remains 4th biggest beer seller in Vietnam with 8% market share
Carlsberg remained the fourth largest beer seller in Vietnam with 8% of the market share by September 2023, according to Carlsberg’s 2023 performance review.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s strict drink driving rules dampen brewers' spirits
An unprecedentedly strict campaign against driving under the influence (DUI) launched in 2020 has sent alcoholic drinks sales as well as brewers’ earnings in Vietnam plunging.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam top brewer Sabeco to pay 15% dividend, Thai owner to receive $42 mln
Vietnam Beverage Company Limited, indirectly owned by Thai beverage giant ThaiBev, is set to receive VND1,030 billion ($42.4 million) from a dividend payout by Vietnam’s top brewer Sabeco.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Top brewer Sabeco reports 23% decline in Q3 profits
Vietnam’s leading beer maker Sabeco, owned by Thailand's ThaiBev, has reported an after-tax profit of VND1.07 trillion ($43.7 million) in the third quarter of 2023, down 23% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sabeco appoints Lester Tan as new general director
Sabeco, a leading beer maker in Vietnam, has appointed Lester Tan Teck Chuan, a Singaporean national, as its new general director, effective from October 1.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC court suspends 'faulty beer bottles' lawsuit against brewer Sabeco
The Ho Chi Minh City People’s Court on Tuesday decided to suspend a lawsuit filed by a local resident five years ago against Vietnam’s largest brewer Sabeco for compensation over “faulty beer bottles” due to the plaintiff’s repeated absences.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Top brewer Sabeco reports $94 mln H1 profit, down 27%
Vietnam’s leading beer maker Sabeco, owned by Thailand's ThaiBev, has reported first-half after-tax profits of VND2.21 trillion ($93.5 million), down 27% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Brewer Habeco reports loss for first time in 3 years
Leading Vietnamese brewer Habeco reported a loss of VND3.7 billion ($157,700) in the first quarter of this year, while Sabeco, owned by Bangkok-based ThaiBev, posted an after-tax profit of over VND1 trillion ($42.79 million), down 19% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Brewer Habeco predicts lower profit in 2022
Leading Vietnamese brewer Habeco has revised down its after-tax profit forecast for the third year in a row, to VND221 billion ($9.7 million).
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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