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China Resources Beer (Holdings) Co (HKSE:00291) Dividends Received


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What is China Resources Beer (Holdings) Co Dividends Received?

Dividends Received only applicable to companies reporting Cash Flow from Operations in direct method.


China Resources Beer (Holdings) Co Business Description

Traded in Other Exchanges
Address
No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
Executives
Heineken Holding N.v. 2201 Interest of corporation controlled by you
Heineken N.v. 2201 Interest of corporation controlled by you