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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.
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