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Thai Beverage Announces 8 Percent Rise In 1H15 Net Profit
Daily Bulletin | 14 August 2015
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Thai Beverage reported a rise of 8.2 percent in 1H15 net profit, from THB11.5 billion last year to THB12.4 billion.

Despite the additional 2 percent excise tax by law to National Sports Development Fund effective from March 2015 which resulted in sales volume decreasing in 2Q15, the group experienced a 4.4 percent rise in revenue to THB84.7 billion.

Cost of sales also saw a less than proportionate increase of 3.7 percent to THB59.2 billion, which coupled with a higher share of profit of associates helped lift the bottom line.

Thai Beverage Public Co  0.875 -- --   
Business: [FY18 Turnover] Spirits (46.1%), beer (41.1%), non-alcoholic beverages (7%), food (5.8%).

Insight: May-19, 1H19 revenue rose 26.1% to THB142.6b mainl... Read More


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