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Beijing Yanjing Brewery Expects Up to 35% Rise in H1 Attributable Profit

Beijing Yanjing Brewery (SHE:000729) forecasts its attributable profit will increase 25% to 35% to between 1.38 billion yuan and 1.49 billion yuan in the first half from 1.10 billion yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse. The beverage company's earnings per share should rise to between 0.4891 yuan and 0.5282 yuan. Yanjing attributed the forecast to growth in its flagship products.

SHE000729

Beijing Yanjing Brewery (SHE:000729) forecasts its attributable profit will increase 25% to 35% to between 1.38 billion yuan and 1.49 billion yuan in the first half from 1.10 billion yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.

The beverage company's earnings per share should rise to between 0.4891 yuan and 0.5282 yuan.

Yanjing attributed the forecast to growth in its flagship products.