ThaiBev Q2 profit down 3.2% at 6.7 billion baht; declares dividend of 0.15 baht per share
Group notes that the Thai economy has ‘showed signs of steady recovery’; unlikely to be affected by US tariffs
[SINGAPORE] Chang beer maker Thai Beverage (ThaiBev) on Friday (May 9) announced that its profit for the second quarter ended Mar 31, 2025, decreased 3.2 per cent on year to 6.7 billion baht (S$263.5 million), from a restated profit of seven billion baht in the corresponding year-ago period.
The group’s financials for Q2 and H1 FY2024 have been restated for comparative purposes, due to the consolidation of beverage maker Fraser & Neave (F&N) in September 2024, said ThaiBev in a bourse filing.
This is accounted for as a business combination under common control by the same ultimate controlling shareholder, said the group.
Copyright SPH Media. All rights reserved.
