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Hot stock: ThaiBev rises 2.9% on married deals after results release

The beverage company’s full-year net profit falls 1% on the year

Michelle Zhu

Michelle Zhu

Published Fri, Nov 22, 2024 · 11:52 AM
    • ThaiBev’s share price activity comes after the group on Thursday posted a net profit of 27.2 billion baht for FY2024.
    • ThaiBev’s share price activity comes after the group on Thursday posted a net profit of 27.2 billion baht for FY2024. PHOTO: BLOOMBERG

    SHARES of Thai Beverage ( ThaiBev ) climbed in early trade on Friday (Nov 22) morning, after the beverage company released its financial statement for the full year ended Sep 30. 

    As at 11.35 am, the index counter rose as much as 2.9 per cent or S$0.015 to reach S$0.53 on a cum-distribution basis.

    About 31.7 million of its shares changed hands, making it the top-traded company by volume at the time. Volumes were also significantly higher than the stock’s daily average levels over the past month.

    Hot StockThai Beverage

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