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ThaiBev shares tumble 7.3% following 12% fall in Q2 earnings

OCBC Investment Research downgrades stock to 'hold'; other research houses made no change to their calls

Published Mon, May 13, 2019 · 09:50 PM
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Singapore

THAI Beverage Public Company Limited's (ThaiBev's) second-quarter earnings - released after market close on Friday - fell mostly within analysts' expectations, with most research houses maintaining their calls on the benchmark index constituent.

But OCBC Investment Research was not one of them. Instead, it do…

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