Changes in Hong Kong stocks | Hong Kong Shengli Brewery (00236) fell more than 10%, and net profit for the first half of the year is expected to drop 77.7% year on year

The Zhitong Finance App learned that Hong Kong's Shengli Brewery (00236) fell by more than 10%. As of press release, it fell 10.43% to HK$1.03, with a turnover of HK$445,300.

According to the news, Hong Kong Shengli Brewery announced that the Group is expected to achieve a comprehensive net profit of about HK$11.4 million for the six months ending June 30, 2026. Net profit for the same period last year was HK$51.1 million, a year-on-year decrease of 77.7%. The board believes that the decline was mainly due to the adverse effects of the Iran conflict and the resulting geopolitical tension in the region. These developments adversely affected export sales and led to increased operating costs for the six months ending June 30, 2026.