Heineken brewing company reported net loss of €95 million in the first half of 2024 “Vedomosti”.
The publication notes that the information was obtained from the company’s report, which stated that its net loss in the January-June period of the current year amounted to 95 million euros, compared to a net profit of 1.16 billion euros in the same period of the previous year.
This is particularly due to the write-off of a loss of 874 million euros resulting from the write-down of Heineken’s 40% stake in Chinese China Resources Beer (CR Beer), whose shares have fallen by a third since the beginning of the year.
This was despite analysts’ estimates that the company’s net profit by this time would be €985 million.
Last August, Heineken Sold Russian assets transferred to perfume manufacturer Arnest for €1.
In December 2023, United Heineken Breweries will join forces with Dutch Heineken Renamed “United Breweries – Holding” (OPH).
Heineken announced it was withdrawing from Russia in March 2022 following the start of a special military operation.
Former Dutch footballer compared Dutch beer and Russian beer.
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Source: Gazeta
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