Streetbeat News

BDWBY

Budweiser Brewing Company APAC Limited

Industry

Breweries

Open

3.60

Mkt cap

12B

Volume

1.7K

High

3.69

P/E Ratio

14.35

52-wk high

7.49

Low

3.59

Div yield

0.06

52-wk low

3.59

Budweiser APAC (OTC: BDWBY) reported a 0.4% decline in Q1 revenues and a 3.4% drop in profits, primarily due to decreased sales in China and South Korea. Despite a focus on high-end beers, competition in the premium beer market is intensifying. Analysts expect potential earnings improvement in the second half of the year.

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