Tsingtao Brewery's (HKG:0168, SHA:600600) net profit attributable to shareholders in the third quarter rose 1.6% year on year to 1.37 billion yuan, according to a Hong Kong bourse filing on Monday.
The Chinese brewery's Hong Kong shares dropped over 3% and Shanghai shares slipped less than 1% during the morning trade.
Earnings per share increased 1.5% year on year to 1.004 yuan.
Revenue slipped 0.2% from a year earlier to 8.88 billion yuan.
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