Budweiser Brewing Company APAC Limited (01876.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	83.2B	44.9B	48.5B	53.5B	50.6B
Cost of Revenue	40.9B	22.4B	24.1B	26.6B	25.3B
Gross Profit	42.3B	22.5B	24.4B	27.0B	25.3B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	28.2B	15.5B	16.3B	17.1B	16.5B
General & Admin Expense	5.3B	3.5B	3.7B	3.7B	3.5B
Selling & Marketing Expense	18.4B	11.9B	12.6B	13.4B	13.1B
Other Expenses	(376.4M)	(15.6M)	(411.6M)	(210.8M)	(1.1B)
Total Operating Expenses	27.8B	15.4B	15.9B	16.9B	15.5B
Cost and Expenses	68.7B	37.8B	40.0B	43.5B	40.7B
Operating Income (EBIT)	14.5B	7.0B	8.5B	10.1B	9.8B
Non-Operating
Interest Income	348.3M	389.8M	60.0M	469.7M	39.0M
Interest Expense	331.3M	311.8M	35.0M	391.4M	25.0M
Net Interest Income	17.0M	78.0M	25.0M	78.3M	14.0M
Other Non-Op Income/Expense	595.3M	373.6M	481.5M	296.7M	179.5M
Non-Operating Income (excl Interest)	(256.0M)	(326.9M)	(147.6M)	(320.1M)	491.8M
EBT (Pre-Tax Income)	15.0B	7.4B	9.0B	10.4B	10.0B
Income Tax Expense	5.5B	3.4B	3.2B	3.5B	2.6B
Bottom Line
Net Income	9.1B	3.8B	5.6B	6.7B	7.1B
Earnings from Cont. Ops	9.6B	4.0B	5.8B	6.9B	7.4B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	9.1B	3.8B	5.6B	6.7B	7.1B
Per Share
Basic EPS	HK$0.68	HK$0.29	HK$0.42	HK$0.50	HK$0.54
Diluted EPS	HK$0.68	HK$0.29	HK$0.43	HK$0.50	HK$0.54
Revenue Per Share	HK$6.29	HK$3.40	HK$3.65	HK$4.03	HK$3.82
Shares
Basic Shares Outstanding	13.2B	13.2B	13.3B	13.3B	13.2B
Diluted Shares Outstanding	13.4B	13.3B	13.3B	13.3B	13.2B
Profitability Metrics
EBITDA	22.0B	11.3B	12.9B	14.7B	14.0B
D&A	7.3B	3.9B	4.2B	4.3B	4.7B
EBIT	14.7B	7.4B	8.7B	10.4B	9.3B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026