Habeco Explained

Habeco
Type:State-owned
Founded:1890
Location City:Hanoi
Location Country:Vietnam
Industry:beverages
Production:422.3 million liters (2011)
Revenue:VND 3,416.2 billion (2011)[1]
Operating Income:VND 962 billion (2011)
Owner:Ministry of Industry and Trade Vietnam, Carlsberg Group

Habeco (also HABECO, Hanoi Beer Alcohol and Beverage Joint Stock Corporation, Vietnamese: Tổng công ty Cổ phần Bia – Rượu – Nước giải khát Hà Nội) is a beverage company headquartered in Hanoi, Vietnam. It is the third largest beer company in Vietnam[2] and owner of the brands Hanoi Beer and Truc Bach Beer. It is under the ownership and authority of the Ministry of Industry and Trade, Vietnam and has a strategic partnership with Carlsberg Group, which owns more than 10% of the company's shares as of November 2012.[3] Habeco produced 422.4 million liters of beer and sold 413.5 million liters in 2011, an increase of 4% and 2.3% from 2010.[1]

Ownership

Vietnam's Ministry of Trade and Industry owns 83% of the companies' shares as of November 2012.[3] Carlsberg Group acquired shares during Habeco's initial public offering in March 2008[3] and held 15.8% as of 2012.[2] The Ministry asked Habeco to sell another 13% to Carlsberg to expand the companies' strategic partnership in November 2012.[3]

Market Share and Competitors

Habeco's market share was 13.9% in 2010.[2] Its main competitors are Sabeco (also owned by the Ministry of Industry and Trade) (51.4%) and Vietnam Brewery Ltd (VBL, 29.7%), a joint-venture between Heineken Asia Pacific and Saigon Trading Group (Satra).[2]

External links

Notes and References

  1. News: Habeco ước lợi nhuận trước thuế năm 2011 vượt 21% kế hoạch . gafin.vn . 6 January 2012 . 24 November 2012 . dead . https://web.archive.org/web/20160304090428/http://gafin.vn/20120106052836887p0c36/Habeco-uoc-loi-nhuan-truoc-thue-nam-2011-vuot-22-ke-hoach.htm . 4 March 2016 .
  2. News: Sabeco và Habeco đạt tổng doanh thu trên 30.000 tỷ đồng trong năm . gafin.vn . 21 June 2012 . 24 November 2012 . dead . https://web.archive.org/web/20120623031436/http://gafin.vn/20120621094930598p0c36/sabeco-va-habeco-dat-tong-doanh-thu-tren-30000-ty-dong-trong-nam-2011.htm . 23 June 2012 .
  3. News: Hanoi Beer may sell further stake to Carlsberg . MarketWatch . 9 November 2012 . 24 November 2012 .