Brief: United Breweries Says Industry Burdened By Overdue Payments From India's Telangana
Jan 9 (Reuters) - Heineken NV HEIN.AS :
* CONSISTENTLY COMMUNICATED DELAYED PRICE REVISIONS IN
MEETINGS
WITH TELANGANA STATE OVER LAST ONE YEAR
* REMAIN OPTIMISTIC THAT OFFICIALS WILL TAKE PROMPT AND
NECESSARY
ACTIONS TO ADDRESS OUR CONCERNS
* BEER PRICE REVISION IN TELANGANA ESSENTIAL TO OFFSET
OPERATING
COSTS, ENSURE SUSTAINABILITY OF OPERATIONS MOVING FORWARD
* WE ALONG WITH INDUSTRY CURRENTLY BURDENED BY SIGNIFICANT
OVERDUE
PAYMENTS FROM TELANGANA
Further company coverage: UBBW.NS HEIN.AS
((Reutersbriefs@thomsonreuters.com;))
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