In the last two months since coronavirus has been spreading throughout China, the company has suffered a $170m (£132m) loss in of earnings in the country, at at time when they were expecting strong sales because of lunar new year. 

According to Bloomberg, the disease has wiped around $170m off Anheuser-Busch InBev earnings in China for January and February, and $285m (£221m) off revenue. Anheuser-Busch InBev is the world’s biggest brewer and is behind the Corona, Budweiser and Stella Artois brands.

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Virus outbreak saw demand slump in China as it also coincided with the Chinese New Year, sending its shares 8 per cent lower. AB InBev has estimated the earnings hit across China after seeing about $285million (£221m) of lost sales in the first two months of 2020 alone due to coronavirus, also known as Covid-19.

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