Hite Jinro is expected to post a 12% drop in Q3 operating profit as South Korea's beer market faces a sharper downturn than soju, with analysts citing weak demand and rising promotional costs.
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Hite Jinro Forecasts 12% Drop in Q3 Operating Profit—'Beer Market Slump'
Hite Jinro is expected to post a 12% drop in Q3 operating profit as South Korea's beer market faces a sharper downturn than soju, with analysts citing weak demand and rising promotional costs.
HiteJinro Cuts Price of 'Filite Clear'—Joins Efforts to Support Economic Recovery
HiteJinro Co. will cut prices on its Filite Clear beer by up to 25% across key home-channel products from September 1, joining efforts to support South Korea's economic recovery.
As the industry navigates this transitional period, market leaders are expected to pivot toward innovation, healthier product lines, and digital marketing strategies to capture the evolving preferences of #Vietnam’s next generation of beer drinkers.
#Heineken #BeerMarket #VietnamInsider
https://vietnaminsiders.com/vietnams-beer-market-rebounds-but-challenges-persist/
Vietnam’s Beer Market Rebounds, but Challenges Persist - Vietnam Insider
As the industry navigates this transitional period, market leaders are expected to pivot toward innovation, healthier product lines, and digital marketing strategies to capture the evolving preferences of Vietnam’s next generation of beer drinkers.
Heineken’s Q1 sales soar to €7.2bn, beating forecasts with Nigeria, Vietnam growth
Heineken NV reported a 4.8% rise in first-quarter net revenue to €7.2 billion, surpassing Bloomberg’s €7 billion forecast, driven by robust ...
Heineken’s Q1 sales soar to €7.2bn, beating forecasts with Nigeria, Vietnam growth
Heineken NV reported a 4.8% rise in first-quarter net revenue to €7.2 billion, surpassing Bloomberg’s €7 billion forecast, driven by robust ...
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