168 — Tsingtao Brewery Co Income Statement

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Annual income statement for Tsingtao Brewery Co, fiscal year end - December 31st, CNY millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	CAS	CAS	CAS	CAS	CAS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	30,167	32,172	33,937	32,138	32,473
Cost of Revenue
Gross Profit	9,329	10,061	11,343	11,210	11,870
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	25,712	27,171	28,200	26,295	26,255
Operating Profit	4,455	5,001	5,737	5,843	6,218
Other Net Non Operating Costs
Net Income Before Taxes	4,479	5,006	5,746	5,881	6,291
Provision for Income Taxes
Net Income After Taxes	3,256	3,805	4,348	4,492	4,717
Minority Interest
Net Income Before Extraordinary Items
Net Income	3,155	3,711	4,268	4,345	4,588
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	3,155	3,711	4,268	4,345	4,588
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	2.17	2.75	3.08	3.2	3.31
Dividends per Share