百威亞太：一季度銷量下滑42.3%，虧損4100萬美元
百威亞太5月7日早間發佈一季度的未經審核業績，報告顯示公司一季度淨虧損4100萬美元，去年同期盈利2.4億美元；營收9.56億美元，同比下滑39%。
集團一季度實現啤酒總銷量127720萬公升，同比減少42.3%。報告稱，銷量大幅下滑主要是受區內COVID-19疫情所影響，加上由於在2019年4月在韓國實施漲價前銷量增加，因此難以與2019年第一季度的數字相比。
來源：百威亞太 2020 年一季度業績報告
啤酒銷售受阻，導致公司一季度營收同比下跌39%，但是業務毛利率有所提高，每百升收入增長 5.7%。
具體來看，集團產品主要銷售地區中，中國地區銷量下降 46.5%，每百升收入增長 2.0%，收入下跌 45.4%。公司表示，雖然高端及超高端產品組合的表現因為渠道受阻不盡人意，但其表現繼續顯著優於其他類別，且在組合內所有渠道的貢獻均有所增加，成為推動該地區每百升收入增長的主要因素。
亞太地區東部銷量下降 22.2%，每百升收入增長 1.9%，收入下降 20.8%。其中韓國地區每百升收入增長受到税務改革政策影響，其降低了本韓國國內啤酒的消費税。
單位產品銷售收入增長的同時，成本也在增加，一季度集團每百升銷售成本增加 22.3%，主要是受非可變成本（如折舊及攤銷成本）及營運效率因銷量減少而下跌所致。剔除這些因素後，產品銷售成本整體減少 29.4%。
隨着疫情在中國和韓國得到有效控制，百威的主要銷售渠道也逐漸恢復，數據顯示集團業務自3月中起每週持續改善，集團估計中國地區2020年4月的銷量與去年同期相比下跌約17%。
受公告影響，今日開盤百威亞太股價有所下跌，截至發稿，跌3.45%，報價21港元，總市值2781.11億港元。
來源：富途
值得一提的是，百威亞太自去年9月以27港元發行上市以來，除上市初期連續幾日上漲外，整體呈下跌趨勢，至5月6日收盤累計跌幅20.62%，並在4月初跌至歷史低位18.76港元。
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