habeco

Retail Asia30/04/2021

The chief of the company that produces Hanoi Beer, Habeco, expects sales to be hit badly by Covid-19 this year and profits to plummet to a decade low. The brewery targets post-tax profits of VND255 billion ($11 million), down 64 percent from last year. Its chairman Tran Dinh Thanh said a fresh outbreak of Covid-19 […]

Retail Asia03/05/2019

The Hà Nội Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VNĐ310 billion (US$13.3 million) in 2019, the lowest in 10 years. The announcement will be reported at the firm’s annual shareholder. Other topics that will be brought up at the meeting include the projection of total production, total revenue and […]

Retail Asia11/02/2019

Habeco’s profits fell by 23 percent last year to VND667 billion ($28.71 million), the fourth straight year of decline. Hanoi Beer Alcohol and Beverage Corp, as it is formally known, one of Vietnam’s biggest brewers, also reported a 5 percent fall in revenues to VND9.4 trillion ($404.67 million). There was a sharp increase in operating expenses, […]

Retail Asia23/01/2019

Nation’s leading liquor maker Halico has reported a loss of VND75 billion ($3.22 million) for 2018. With Vietnamese consumers moving towards foreign brands, the 120-year-old liquor maker, in which Vietnam’s second biggest brewery Habeco has 54.29 percent ownership and British multinational Diageo holds a 45.5 percent stake, Halico has reported losses for the fourth year […]

Retail Asia11/09/2017

The government wants to fully divest its majority stake in Habeco as also in rival Sabeco. Danish brewer Carlsberg is keen on increasing its stake in Habeco, one of Vietnam’s biggest brewers, to at least 51 percent, a local news website reported, citing a Habeco executive. Vietnam has one of the world’s most attractive beer […]

Retail Asia26/07/2017

With the aim of expanding operations in Vietnam, Carlton & United Breweries (CUB) has become a new competitor in the race to seize the stakes in Hanoi Beer, Alcohol and Beverages Corporation (Habeco) and Saigon Beer, Alcohol and Beverages Corporation (Sabeco). The companies intentions were stated by CUB general director Jan Craps at the meeting […]

Retail Asia22/05/2017

Hà Nội Beer Alcohol and Beverage Joint Stock Corporation (Habeco) targets total revenue of over VNĐ8.8 trillion (US$390 million) in 2017, up 9.1 per cent year-on-year. The brewer plans to earn pre-tax profit of VNĐ1 trillion this year, up slightly from 2016, and dividends are projected at 20 per cent. The company’s revenue in 2016 […]

Retail Asia14/02/2017

Carlsberg will bid for the State-controlled Hanoi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) in March or April, but the Vietnamese Government may have more than one option to choose from when it comes to buyers. The government is seeking to equitize Habeco, the country’s second-largest brewer, by selling its 82 per cent stake. […]

Retail Asia16/01/2017

Hà Nội Beer Alcohol and Beverage Joint Stock Corporation (Habeco) will start trading with code BHN on the HCM Stock Exchange (HOSE) on January 19, the southern bourse announced on Wednesday. Habeco will list its entire 231.8 million shares, equivalent to the total listing value of nearly VNĐ2.32 trillion (US$103 million), at the reference price […]

Retail Asia10/01/2017

Top brewer Habeco expects sales of nearly 147 million liters of beer during the biggest holiday, up 6.1 percent year on year. Vietnam’s brewers are gearing up for a massive drink-up this Lunar New Year holidays, or Tet. Hanoi-based top brewer Habeco plans to churn out 146.8 million liters of beer during the Lunar New […]

Tag: habeco

Habeco chairman blames low profit target on Covid-19

Habeco forecasts profit to drop a third to 10-year low

Habeco Vietnam reports another year of falling profits

Vietnam liquor maker makes a loss, 4 years in a row

Carlsberg eyes at least 51 pct stake in Vietnam’s Habeco

Australian brewer eyes Sabeco and Habeco shares

Habeco targets 9 per cent increase in revenue

Carlsberg may not be Habeco’s only option

Habeco to debut on Hose in Jan

Vietnamese expected to drink up this Tet