Budweiser Asia Pacific’s first quarter net profit of $234 million fell short of expectations

On May 8th, Budweiser Asia Pacific reported a net profit of 234 million US dollars in the first quarter, with an estimated 234.6 million US dollars; First quarter revenue of $1.46 billion, estimated at $1.52 billion; The gross profit margin for the first quarter is 51%, with an estimated 50.3%; Adjusted EBITDA for the first quarter is $485 million, with an estimated $498 million; The adjusted pre tax profit for the first quarter is $331 million, with an estimated $343.1 million.