Sabeco remains market leader in beer production

Beer production line at Sabeco. — Photo sggp.org.vn

HÀ NỘI — The Saigon Beer, Alcohol and Beverage Corporation (Sabeco) produced nearly  一. 七 三 billion litres of beer in  二0 一 七, an increase of  七 per cent compared to the previous year and exceeding  五 per cent against the year target.

The information was revealed in the company’s conference to sum up the  二0 一 七’s business results held last week in HCM City.

With this output figure, Sabeco continues to lead the Vietnamese beverage market with a  四0 per cent share, amidst increasing pressure from domestic and foreign competitors.

In addition, Sabeco achieved after-tax profit of more than VNĐ 四. 七 trillion (US$ 二0 六. 九 million),  三 per cent higher than the target.

This year, the corporation targets to produce  一. 八 五 billion litres of beer. To achieve this goal, Sabeco’s board of directors is applying synchronous measures to improve the quality of products.

Sabeco remains market leader in beer production

Sabeco currently owns  二 六 manufacturing plants,  一0 trading subsidiaries and  三 七 branches nationwide. The company has also launched a premium beer titled Saigon Gold for serving Tết (Lunar New Year) holiday and export markets. — VNS