Thai Beverage's half-year profit falls 3%

Thai Beverage Public

09/05/2025 11:29

May 9 (Reuters) - Singapore-listed Thai Beverage TBEV.SI reported a 3.2% fall in its first-half profit on Friday, as its spirits segment suffered a slowdown due to higher raw material costs.

The company, which owns brands such as Chang beer and Grand Royal whisky, said profit attributable came in at 14.71 billion baht ($446.2 million) for the six-month period ended March 31, compared with 15.19 billion baht a year earlier.

($1 = 32.9900 baht)

 (Reporting by Rajasik Mukherjee and Jasmeen Ara Shaikh in Bengaluru; Editing by Sherry Jacob-Phillips)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))