Trade Budweiser Brewing Company APAC Limited - 1876 CFD

Budweiser Brewing Company APAC Limited Company profile

About Budweiser Brewing Company APAC Ltd

Budweiser Brewing Company APAC Ltd is an investment holding company principally engaged in the brewing and distribution of beer. The Company produces, imports, markets, distributes and sells a portfolio of beer brands owned or licensed by the Company, including Budweiser, Stella Artois, Corona, Hoegaarden, Cass and Harbin. The Company also produces, markets, distributes and sells other non-beer beverages. The Company distributes its products primarily in China, South Korea, India, Vietnam and other Asia Pacific regions.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Budweiser Brewing Company APAC Ltd revenues increased 21% to $6.79B. Net income increased 85% to $950M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest income increase of 86% to $39M (income), Other financial costs decrease of 69% to $5M (expense).