The Zhitong Finance App learned that Citibank released a research report saying that Budweiser Asia Pacific (01876.HK) announced that it expects to record a total of 82 million US dollars in internal restructuring withholding tax expenses and Indian receivables accrual provisions in the third quarter of this year. According to a research report, Citi predicts that the Group's third-quarter sales will fall 7% year on year (China down 8%; East Asia Pacific market down 4%), and that the Group's endogenous EBITDA will drop 12% year on year (China down 15%; East Asia Pacific down 8%), and maintain the stock's “buy” rating and target price of HK$10.8.

The Zhitong Finance App learned that Citibank released a research report saying that Budweiser Asia Pacific (01876.HK) announced that it expects to record a total of 82 million US dollars in internal restructuring withholding tax expenses and Indian receivables accrual provisions in the third quarter of this year. According to a research report, Citi predicts that the Group's third-quarter sales will fall 7% year on year (China down 8%; East Asia Pacific market down 4%), and that the Group's endogenous EBITDA will drop 12% year on year (China down 15%; East Asia Pacific down 8%), and maintain the stock's “buy” rating and target price of HK$10.8.