华润啤酒2024年营收净利双降 2子公司被罚年报未披露

Core Viewpoint - China Resources Beer reported a decline in revenue and profit for 2024, while showing significant improvement in cash flow from operating activities [1][2]. Financial Performance - The turnover for 2024 was RMB 38.635 billion, a decrease of 0.76% from RMB 38.932 billion in 2023 [1][2]. - Profit attributable to shareholders was RMB 4.739 billion, down 8.03% from RMB 5.153 billion in the previous year [1][2]. - Basic earnings per share decreased to RMB 1.46 from RMB 1.59 in 2023 [2]. - The group’s gross margin increased by 1.2 percentage points to 42.6% [2]. - Earnings before interest and taxes rose by 2.9% to RMB 6.344 billion [2]. - Operating cash flow increased significantly by 67.0% to RMB 6.928 billion [1]. Dividends - The interim dividend per share was RMB 0.373, up from RMB 0.287 in 2023, while the final dividend was RMB 0.387 compared to RMB 0.349 in the previous year [2]. ESG Performance - The Sichuan Liangshan and Anhui Bengbu factories achieved carbon neutrality certification, and six factories were recognized as national "green factories" [3]. - The ESG rating improved from BBB to A, placing the company among the leading firms in the Chinese beverage industry [3]. Regulatory Issues - The company faced administrative penalties for construction without approval, totaling over RMB 2 million, which were not disclosed in the annual report or ESG report [3]. - Specific penalties included RMB 2.2945 million for unauthorized construction activities and RMB 30,000 for safety management failures [3].