Bud APAC (1876.HK) earnings: next date, last results and guidance
When is Bud APAC's next earnings date, and what were its last results?
Last results
- Sales$1.45billion−7 %
- Operating income$180.0million−31 %
Bud APAC's own figures for the quarter to September 2026. Growth is on a year earlier.
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Executive summary + 8 chapters · 18,336 words · 140 sources
What has Bud APAC guided for the year?
Management gives no quantified forecast. Its promise is to stabilize China’s volume and market share before pursuing margin recovery. It has not yet kept that promise: China share was still falling in the third quarter of 2026, and management said performance remained below potential.
What is Bud APAC's revenue and profit trend?
In the third quarter of 2026, revenue was $1.45 billion and operating income was $180 million. Net income was $92 million. China volume fell 16.8%, while China normalized EBITDA fell 30.2%. China organic revenue fell 16.9%. India grew volume at double-digit rates, South Korea gained share, and online-to-offline sales grew strongly. O2O links a digital order to a nearby physical shop or delivery service.
Revenue, gross margin, operating income and shareholder net income all fell against the same quarter of 2025. The comparison is useful because brewing is seasonal: a summer quarter should not be judged against a weak December quarter.
What should I watch in Bud APAC's next release?
The next full-year results should show whether China’s fourth quarter of 2026 moved volume and market share toward stability, and whether extra commercial spending bought that progress at an acceptable cost. Management also expects higher aluminum costs to pressure results into 2027. The company’s events page had not published a 2027 results date in the material reviewed.
Questions about Bud APAC (1876.HK) earnings
Are Bud APAC's latest earnings out?
Yes. Bud APAC has reported the quarter to September 2026.
Where could Bud APAC stock be by 2029?
Our report's forecast is HK$5.15 a share by November 2029, from the HK$6.65 close of November 10, 2026. Bud APAC stock forecast →
More on Bud APAC (1876.HK)
Bud APAC and its rivals
Bud APAC's own filings
This page gives the results. The report gives the reasons.
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How it is made: AI reads Bud APAC's filings, writes the report, checks the numbers against them and cites each source, 140 in this one. How we work · Corrections
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Information only, not investment advice. The next results date is an expectation until Bud APAC confirms it. Prices are those of the date shown.