SUBSCRIBERS
ThaiBev FY profit up 38.5%
Published Thu, Nov 23, 2017 · 09:50 PM
Singapore
THAI Beverage reported net profit of 34.7 billion baht (S$1.43 billion) for the 12 months ended Sept 30, a 38.5 per cent jump from the same period last year.
This came on the back of higher profits for spirits and food segments as well as contributions from Fraser & Neave (F&N) and Frasers Centrepoint Limited (FCL). Also, net profit was buoyed by a lower net loss in its non-alcoholic beverages business.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
Stablecoin issuer Tether invests US$200 million in brain-computer interface company
Yahoo to lay off staff in Singapore as it shifts to content curation
US: Wall St opens higher on megacap strength, Fed verdict awaited
IReit Global occupancy rate grows to 91.5% in Q1
Yen surges against US dollar on suspected intervention