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Thai Beverage aims to double revenue by 2020

Published Tue, Nov 22, 2016 · 09:50 PM
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Bangkok

THAI Beverage said on Tuesday that it aimed to double sales revenue to 300 billion baht (S$12 billion) by 2020 as the drink maker expands markets locally and overseas, especially in fast-growing South-east Asia.

Thai Beverage, also known as ThaiBev, plans to tap the alcoholic-drinks market in Myanmar, Vietnam and the Philippines, CEO Thapana Sirivadhanabhakdi said. "The 300 billion baht is our aspiration plan," he said, adding that ThaiBev is aiming for a…

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