ThaiBev's Q2 profit down 3.2% at 6.34b baht

Singapore

THAI Beverage's profit in its second fiscal quarter in 2018 fell by 3.2 per cent to 6.34 billion baht (S$265.04 million) from 6.56 billion baht in the previous corresponding period.

This was due to a decrease in profit for its beer business, an increase in attributable loss for its non-alcoholic beverages business, and a non-recurring expense related to its 75 per cent acquisition of Havi Logistics, which operates logistics businesses for food services in Thailand.