E-Malt.com News article: Hong Kong: San Miguel Brewery Hong Kong reports solid turnaround for 2025

San Miguel Brewery Hong Kong Limited reported a solid turnaround for the year ended 31 December 2025, with revenue rising to HK$737.3 million from HK$711.2 million and gross profit improving to HK$295.6 million, TipRanks said on February 25.

The group swung from a loss to a net profit of HK$78.4 million, driven by higher sales, better cost of sales, and the absence of the HK$90 million impairment on non-current assets booked in 2024.

Operating profit reached HK$96.9 million compared with a loss of HK$21.3 million a year earlier, while selling, distribution, and administrative expenses were kept broadly stable.

Earnings attributable to equity shareholders climbed to HK$76.1 million, translating into basic earnings per share of 20 Hong Kong cents versus a loss per share of 5 cents in 2024, signaling a significant recovery for shareholders and an improved financial footing for the brewery.

San Miguel Brewery Hong Kong Limited is a Hong Kong-incorporated brewer listed on the local stock exchange. The company, together with its subsidiaries, operates in the beer and beverage industry, generating revenue primarily from the production and sale of beer and related products across its regional markets.


26 February, 2026