India's United Breweries posts Q3 profit [Reuters]
HEINEKEN N V S/ADR (HEINY)
NASDAQ:AMEX Investor Relations:
theheinekencompany.com/investors
Company Research
Source: Reuters
The company, partly owned by Dutch brewer Heineken NV (HEIN.AS) , opens new tab , has been grappling with elevated costs due to rising raw material prices, including glass and extra neutral alcohol (ENA), a primary raw material for alcoholic beverages, which have incrementally risen each quarter. The Kingfisher beer maker reported a standalone profit of 848.5 million rupees (nearly $10 million) for the quarter ended Dec. 31, compared with a loss of 21.4 million rupees a year earlier. Revenue from operations rose 12.3% to 41.53 billion rupees. However, total expenses also grew at a similar pace to 40.61 billion rupees, dragged by a 14% rise in raw material costs. United Breweries' revenue growth has also been decelerating, dropping from 96% in June 2022, when beer sales surged during the summer months, to 14.1% in September 2023, as consumers reduced spending amid persistent inflation. Profit has declined in the last three quarters since swinging to a loss in the December qu
Show less
Read more
Impact Snapshot
Event Time:
HEINY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HEINY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HEINY alerts
High impacting HEINEKEN N V S/ADR news events
Weekly update
A roundup of the hottest topics
HEINY
News
- We Think Shareholders Are Less Likely To Approve A Pay Rise For Heineken N.V.'s (AMS:HEIA) CEO For Now [Yahoo! Finance]Yahoo! Finance
- Dialing Up Nights Out: Heineken® & Bodega Launch the No-Frills ‘Boring Phone’GlobeNewswire
- Heineken® shows the depth it will go to deliver the perfect pint with giant spirit level measuring bars across the world [Yahoo! Finance]Yahoo! Finance
- Heineken® shows the depth it will go to deliver the perfect pint with giant spirit level measuring bars across the world [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Heineken® shows the depth it will go to deliver the perfect pint with giant spirit level measuring bars across the worldGlobeNewswire