date:Mar 21, 2014
to shrug off an economic slowdown.
CRE posted a loss of HK$30 million for the fourth quarter, compared with a HK$572 million profit in 2012, according to Reuters' calculations.
The company, which has interests from beverage making to operating supermarket chains, said its turnover for 2013 rose 16 percent to HK$146.4 billion.
CRE, which owns China's top beer brand Snow, said beer remained its major earnings contributor, with profit rising 14.6 percent to HK$943 million and beverages profit up