ThaiBev shares climb 5% amid active trading
Business update showing smaller than expected falls in Q3 revenue, Ebitda despite Covid-19 disruptions
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THAI Beverage Public Co (ThaiBev) shares advanced on Monday amid heavy volume, after the beverage giant posted resilient revenue and earnings before interest, taxation, depreciation and amortisation (Ebitda) despite the Covid-19 pandemic.
The counter gained as much as 7.4 per cent to trade at 65 Singapore cents in the afternoon, before easing to finish at 63.5 cents, up S$0.03 or 5 per cent. Some 470.2 million shares changed hands, making it the most actively traded by value and volume on the bourse for the day.
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