Picture of Thai Beverage Public logo

Y92 — Thai Beverage Public News Story

0.000.00%
sg flag iconLast trade - 00:00
Consumer DefensivesConservativeLarge CapSuper Stock

Chang beer maker ThaiBev posts 4% fall in nine-month earnings

Corrects to say food segment, not goods segment, in paragraph 1

Aug 14 (Reuters) - Thai Beverage (ThaiBev) TBEV.SI posted a 4% drop in its nine-month operating earnings on Thursday, weighed down by continued weakness in its spirits division, along with a dip in its non-alcoholic beverages and food segments.

ThaiBev, which brews the popular Chang beer, reported earnings before interest, tax, depreciation and amortisation (EBITDA) of 45.03 billion baht ($1.39 billion) for the nine months ending June 30, down from 46.88 billion baht the previous year.

($1 = 32.3300 baht)

 (Reporting by Sherin Sunny and Kumar Tanishk in Bengaluru; Editing by Vijay Kishore)

 ((Tanishk.Kumar@thomsonreuters.com;
Sherin.Sunny@thomsonreuters.com;))

Recent news on Thai Beverage Public

See all news