where is still a sublimation symbol, where the word ‘legend’ sinks deep into losses
For each Vietnamese, perhaps the image of Hanoi with Vodka, Hanoi beer, Truc Bach beer, the Central region “deeply in love” with Huda, or the magnificent Saigon with fun always has Binh Tay wine, Saigon beer, … has become a symbol ingrained in the mind.
But having gone through many times of ‘changing blood’, changing names, changing owners, each brand has its own direction, its own level, in some places it still sublimates as a pride of Vietnamese people, but has The place caused a lot of regret because the once “glorious” time was now in a loss.
Sabeco – 147 years old
After 147 years of operation (since 1875), according to Euromonitor in 2019, Saigon Beer – Alcohol – Beverage Corporation (Sabeco) is still the beer brand holding the No. 1 market share in Vietnam (39.6%). The two most famous products are Saigon Beer and Beer 333.
In 2015 Sabeco has risen to the seventeenth position in the world’s largest brewing groups, among the leading beer producers in Southeast Asia. Currently, Sabeco exports to 38 countries and territories.
In 2021, Sabeco’s revenue is 26,374 billion dong, profit after tax is 3,929 billion dong, these two indexes are equal to 94% and 80% respectively compared to the same period in 2020 – the lowest level in the last 6 years.
The Corporation currently has 26 production plants located in all key areas, with a capacity of over 1.8 billion liters of beer/year. On March 8, 2022, Sabeco inaugurated an investment project to increase the capacity of Saigon – Quang Ngai Brewery in the period of 2019 – 2021 with a total investment of about VND 650 billion.
Sabeco listed on HoSE on December 6, 2016 (MCK: SAB). At the end of 2017, Sabeco officially belonged to Thai Beverage with the initial share rate of the buyer of 53.59%. Sabeco’s market capitalization is now more than 105,362 billion VND.
Habeco – 132 years old
After Sabeco, Habeco is now the second largest domestic beer producer. Formerly Hommel Brewery, established in 1890, on June 16, 2008, Habeco officially transformed its organizational model from a Corporation. State to Joint Stock Corporation.
In the previous report of FPTS Securities, Habeco was the leading enterprise in the Northern beer consumption market share (accounting for 35% of the whole country’s beer consumption) with the brands of Hanoi Beer and Hanoi Bia Hoi.
Habeco’s business results in 2021 both decreased in revenue and profit after tax with a decrease of 6.7% and 50% respectively to VND 6,951 billion and VND 324 billion. This is the lowest EAT in Habeco’s listing history.
In 2022, Habeco sets a target of VND 6,605 billion in sales of main products and nearly VND 221 billion in profit after tax, down 5% and 32% respectively compared to 2021.
Halico – 124 years old
Under Habeco, there is also Hanoi Alcohol Joint Stock Company (Halico), which is famous for Hanoi Vodka. Halico’s predecessor was Hanoi Wine Factory built by Fontaine (France) in 1898. In 2011, Diageo Group (UK) spent nearly VND 2,000 billion to own 45.57% of Halico shares. owns 54.29%.
After shaking hands with the British giant, Halico continuously suffered heavy losses and suffered from late-born rivals, the once-vibrant Hanoi Vodka brand fell into the situation of “covering a mat”. . Halico first reported a loss in 2015 and gradually increased in the following years.
From the revenue of 768 billion VND in 2011, the revenue after 10 “tragic” years was at 102 billion VND, the same period in 2020 is only 1% more.
Halico’s HNR shares have been listed on HNX since June 8, 2018 with the first session reference price of 31,900 VND/share, but now only 12,000 VND/share. From the No. 1 company in the industry valued at VND 4,300 billion to VND 240 billion with a loss twice that number, the ticker HNR is almost non-liquid.
Binh Tay Wine – 122 years old
Binh Tay Liquor Joint Stock Company is one of the largest alcohol factories in Vietnam. The company was built 6km southeast of Cho Lon in 1900 and officially operated in 1902 under the exclusive management of the French Societw Francaise des Distillrries de Indochine (SFDIC).
From May 9, 2005 Binh Tay Liquor Company was officially transformed into Binh Tay Liquor Joint Stock Company – a subsidiary of Sabeco.
Image of Binh Tay winery being bombed by Allied planes in 1945
In 2005-2006, the company boldly invested in modern equipment for grinding, cooking, fermenting and distilling alcohol of Technip Group (France).
The company’s alcohol production plant with a capacity of 4.5 million liters per year is considered a modern production line and produces the highest quality alcohol in the region and in the world.
Larue 1909 – 113 years old
Larue beer is produced according to European technology, born in 1909, is the product of Vietnam Brewery Company Limited (VBL) – a successful joint venture between Heineken Group and Saigon Trade Corporation. (SATRA).
Through many ups and downs, in 1995, Larue beer became one of the main brands of Heineken Vietnam Brewery Co., Ltd (formerly known as Vietnam Brewery Co., Ltd.) with the investment in manufacturing process. Modern production process meets European standards and strictly controlled raw materials.
Currently, Heineken Vietnam Da Nang Brewery has a capacity of 150 million liters of beer a year with modern equipment. The canning line alone has a speed of 90,000 cans per hour, meeting the demand for products in the Central region.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
