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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . AM 華潤 啤酒 ( 控股 ) 有限公司 China Resources Beer ( Holdings ) Company Limited ( Incorporated in Hong Kong with limited liability ) ( Stock Code : 291 ) INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 The Group's earnings before interest and taxation and profit attributable to shareholders of the Company in the first half of 2021 increased by 111.9 % and 106.4 % to RMB5,913,000,000 and RMB4,291,000,000 respectively over the same period of last year . The increase was mainly attributable to : ( i ) the initial compensation gain on transfer of the land owned by the Group , which amounted to approximately RMB1,755,000,000 , pursuant to the Relocation Compensation Agreement dated 22 January 2021 entered into between Shenzhen Runtou Consulting Co. , Ltd. ( JTRK ) , China Resources Snow Breweries ( China ) Investment Co. , Ltd. ( I ( + ) HRA ) and China Resources Snow Breweries ( China ) Co. , Ltd. ( ( +1 ) Ħ ) , an indirect wholly - owned subsidiary of the Company ; and ( ii ) the increase in gross profit due to increase in sales volume and the average selling price of products of the Group The consolidated turnover of the Group for the first half of 2021 was RMB 19,634,000,000 , representing an increase of 12.8 % year - on - year In the first half of 2021 , the overall beer sales volume of the Group saw a 4.9 % year - on - year increase to approximately 6,337,000 kilolitres . Of which , the sales volume of the sub - premium beer segment and above reached 1,000,000 kilolitres , representing an increase of 50.9 % year - on - year and a significant improvement in product mix The overall average selling price increased by 7.5 % year - on - year to offset the impact of the increase in average costs of sales due to the increase in price of raw materials and packaging materials . Together with the increase in sales volume , the overall gross profit in the first half of the year increased by 18.1 % year - on - year to RMB8,305,000,000 The Group continued to build and promote its brand portfolio by launching a number of new brands in the first half of 2021 , including the super premium product “ Li " , the premium product " Löwen Fruit Beer ” ( # 485 Rosé ) , the carbonated beverage " Snow Xiao Pi Qi ” as well as the international brand “ Amstel ” , to further enrich the Group's product portfolio and support its premiumization development The Board has declared an interim dividend of RMB0.264 per share China Resources Beer ( Holdings ) Company Limited - 1 -