News Videos
World
International Edition

Tuesday

July 25, 2017

Breaking News, World News and Taiwan News.
About Us
E-Newsletter
Advertise
Contact Us

Heineken H1 profits rise due to sale of brewery in Dominican Republic

AMSTERDAM--Heineken NV says first half profits rose thanks to the sale of a brewery in the Dominican Republic, as higher costs ate into operating profits — but the Dutch brewer continued to grow sales and market share.

Heineken, which reports earnings twice a year, said net profit was 783 million euros (US$976 million), up from 605 million euros in the same period a year ago, assisted by the 131 million euros gain from the sale of the brewery. Sales rose 5 percent to 8.78 billion, which Heineken said was due to a mix of volume growth, higher selling prices and acquisitions.

MOST POPULAR OF THIS SECTION
Advertise  |   RSS Feed  |   About Us  |   Contact Us
Home  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |  
Arts & Leisure  |   Health  |   Editorial  |   Commentary Travel  |   Movies  |   Guide Post  |   Terms of Use  |  
  chinapost search