Tsingtao has posted a 20% leap in interim net profits to 174m yuan (£11.9m).
Stronger sales boosted the performance.
Tsingtao is China’s largest brewer. Anheuser-Busch has a minority stake.
The Times 20/08/05 page 50 (Need to know)
A new report has urged pub operators not to focus on the catch-all “millennial” customer base but to break down this demographic into key age brackets and identify how they use pubs.
The franchise operator of Pizza Hut Restaurants and Itsu believes market fundamentals continue to be strong and is actively seeking additional brand partners alongside the acceleration of its openings strategy for Itsu