Budweiser Brewing Company APAC (BDWBY) Limited on Thursday reported a decline in earnings for the full year, primarily due to lower sales in China.
Profit before tax fell to $951 million from $1.160 billion a year earlier.
Operating profit declined to $903 million, compared with $1.098 billion in 2024.
Net income attributable to shareholders of company was $489 million or 3.67 cents per share, down from $726 million or 5.46 cents per share in the previous year.
Excluding one-time items, normalized profit attributable to equity holders decreased to $666 million or 5.04 cents per share from $778 million or 5.90 cents per share a year ago.
Normalized EBITDA dropped 9.8% to $1.588 billion from $ 1.807 billion last year.
Revenue for the year fell 6% to $5.764 billion from $6.246 billion in 2024, reflecting a 6% decline in sales volume. In China, volumes and revenue decreased by 8.6% and 11.3% respectively.
The board has recommended a final dividend of 5.66 cents per share, payable on or before June 30.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.