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ThaiBev full year net profit down 46% at 18.53b baht

Profits hampered by slow economy, rise in product prices

Published Mon, Nov 26, 2018 · 09:50 PM

Singapore

SPIRITS maker Thai Beverage has posted a full year net profit of 18.53 billion baht (S$77 million) for 2018, down 46 per cent from last year, on the back of lower profits across its spirits, beer and non-alcoholic beverage businesses.

ThaiBev's basic and diluted earnings per share were 0.74 baht, down 46 per cent.

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