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United Kingdom

Chongqing Brewery Co Ltd (600132.SS)

600132.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Chongqing Brewery to transfer 70 pct stake in unit for 82 mln yuan
Monday, 25 Jul 2016 

Chongqing Brewery Co., Ltd.<600132.SS>: Says it plans to divest 70 percent stake in a Ningbo-based beer unit, to an investment firm, for 82 million yuan .Says the co will hold 0 percent stake in its unit.  Full Article

Chongqing Brewery to sell stake in beer manufacturing co for 82 mln yuan
Tuesday, 19 Jul 2016 

Chongqing Brewery <600132.SS> Co. Ltd:Says it will sell 70 percent stake in beer manufacturing co to Ningbo-based investment co, for 80 million yuan.  Full Article

Chongqing Brewery to pay 2015 div on June 30
Thursday, 23 Jun 2016 

Chongqing Brewery <600132.SS> Co. Ltd: Says it will pay cash dividend of 2 yuan per 10 shares (before tax) to shareholders for 2015 as a record of June 29 .Says the company's shares will be traded ex-right and ex-dividend on June 30 and the dividend will be paid on June 30.  Full Article

Chongqing Brewery to close Chongqing-based brewing co
Wednesday, 25 May 2016 

Chongqing Brewery <600132.SS> Co. Ltd:Says it will close Chongqing-based brewing co, due to decreased sales volume and increased production costs.  Full Article

Chongqing Brewery announces 2015 dividend payment
Saturday, 9 Apr 2016 

Chongqing Brewery Co Ltd:To use undistributed profits to pay cash dividend of two yuan per 10 shares (before tax) to shareholders for 2015.  Full Article

Chongqing Brewery to divest wholly owned subsidiary
Friday, 11 Mar 2016 

Chongqing Brewery Co Ltd:To sell a 100 pct stake and creditor's rights in a wholly owned bioengineering firm, to a Chongqing-based company.Transaction price of 68 million yuan.  Full Article

Chongqing Brewery gives 2015 net profit outlook below I/B/E/S estimates
Saturday, 30 Jan 2016 

Chongqing Brewery Co Ltd:Sees net profit for 2015 to be about -58 mln yuan.The net profit of 2014 was 73,435,200 yuan.2015 reported net profit of 95.84 million yuan – Thomson Reuters I/B/E/S.Comments that increased costs as the main reason for the forecast.  Full Article

BRIEF-Chongqing Brewery says change of accounting policy

* Says it changed the accounting policy due to national policy requirement