The Zhitong Finance App learned that Goldman Sachs released a research report saying that Budweiser Asia Pacific (01876.HK)'s results for the first quarter of this year were in line with expectations, and at the performance meeting, the new CEO indicated that the company's strategy will remain unchanged. Amid the uncertainty of the economic environment, the company will continue to focus within a manageable range to drive profit growth. The bank lowered its net profit forecast for this year to 2027 by 2% to 4%, taking into account Budweiser Asia Pacific's performance and negative factors for the next quarter. Currently, the company's sales, normalized EBITDA and normalized net profit will increase by 0.6%, 1.4% and 3.3% this year, and the target price will drop from HK$9.5 to HK$9.2, with a rating of “buy”.

The Zhitong Finance App learned that Goldman Sachs released a research report saying that Budweiser Asia Pacific (01876.HK)'s results for the first quarter of this year were in line with expectations, and at the performance meeting, the new CEO indicated that the company's strategy will remain unchanged. Amid the uncertainty of the economic environment, the company will continue to focus within a manageable range to drive profit growth. The bank lowered its net profit forecast for this year to 2027 by 2% to 4%, taking into account Budweiser Asia Pacific's performance and negative factors for the next quarter. Currently, the company's sales, normalized EBITDA and normalized net profit will increase by 0.6%, 1.4% and 3.3% this year, and the target price will drop from HK$9.5 to HK$9.2, with a rating of “buy”.