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392 — Beijing Enterprises Holdings News Story

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Beijing Yanjing Brewery Q3 profit rises

Beijing Yanjing Brewery Q3 profit rises


Overview

  • Beijing Yanjing Brewery is a subsidiary of Beijing Enterprises Holdings Limited

  • China brewery subsidiary's Q3 revenue rose 4.34% yr/yr to RMB 14.02 bln

  • Profit for the period increased 22.26% yr/yr

  • Net profit attributable to shareholders of Yanjing Brewery grew 20.56%


Outlook

  • Company did not provide specific guidance or commentary on future performance in its press release


Result Drivers

  • REVENUE GROWTH - Co said Q3 revenue rose 4.34% yr/yr

  • PROFIT INCREASE - Co reported profit for the period up 22.26% yr/yr

  • ATTRIBUTABLE NET PROFIT - Net profit attributable to shareholders of Yanjing Brewery grew 20.56% yr/yr


Company press release: Full Story


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

RMB 14.02 bln

Q3 Net Profit

RMB 2.13 bln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the natural gas utilities peer group is "buy"

  • Wall Street's median 12-month price target for Beijing Enterprises Holdings Ltd is HK$34.00, about 13.2% above its October 27 closing price of HK$30.04

  • The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago


Reuters Recommended Reads

  • Oct 26 - China's WuXi AppTec nine-month revenue rises on chemistry segment growth; lifts 2026 outlook

  • Oct 27 - China's Asia Cement nine-month revenue declines on weak demand

  • Oct 27 - Coca-Cola Q3 profit tops estimates on zero sugar drink sales; lifts outlook


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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