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 7% fall in annual profit

Nov 25 (Reuters) - Singapore-listed Thai Beverage TBEV.SI posted a 7% fall in annual profit on Tuesday, due to persistent weakness in its key spirits division alongside a decline in earnings in the food business.

ThaiBev, which brews the popular Chang lager, reported profit attributable of 25.36 billion baht ($786.11 million) for the year ended September 30, compared with 27.22 billion baht a year earlier.

($1 = 32.2600 baht)

 (Reporting by Rajasik Mukherjee and Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))

Recent news on Thai Beverage Public

See all news