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ThaiBev posts 61% fall in Q3 net profit to 5.99 billion baht
Earnings dented by lower profit from spirits business and higher net loss from non-alcoholic beverages
Add BT as a preferred sourcePublished Tue, Aug 14, 2018 · 09:50 PM
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Singapore
THAI Beverage (ThaiBev) posted a net profit of 5.99 billion baht (S$247.3 million) for the third quarter ended June 30, a 61 per cent fall from 15.23 billion baht a year ago. (see amendment note)
The fall was attributed to several factors, including a profit decrease in the spirits business and an increase in net loss from the non-alcoholic beverages business.
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