Thai Beverage

ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht

The board has declared a final dividend of 0.47 baht per share

The Straits Times Index is up 3.4% for the week.

Singapore shares continue to climb; STI up 0.4%

Across the broader market, gainers beat losers 336 to 247, as 1.6 billion securities worth S$1.7 billion change hands

Ebitda for ThaiBev's beer segment increases 4% from previous year due to lower raw material cost and more efficient production.

Thai Beverage 9-month Ebitda falls 4% to 45 billion baht

Sales revenue for the nine months ended Jun 30 is 258.6 billion baht, down 0.4%

Across the broader market, advancers outnumber decliners 358 to 198, as 1.9 billion securities worth S$1.4 billion change hands.

Singapore shares continue winning streak; STI up 0.7%

The benchmark index reaches a high for a fourth consecutive trading day at 4,161.43

Charoen Sirivadhanabhakdi is worth an estimated US$10.9 billion, according to the Bloomberg billionaires Index.

Billionaire leaves ownership of Thai beermaker to five children

The move means that a key question over who will ultimately take over Charoen’s sprawling business empire remains unanswered

Charoen Sirivadhanabhakdi, 81, has a net worth of about US$11.6 billion, according to the Bloomberg Billionaires Index.

Thai billionaire hands stakes in major companies to his children

Charoen Sirivadhanabhakdi has been gradually pulling out of active leadership positions in his group companies

ThaiBev's earnings per share for Q2 was 0.27 baht, down from 0.28 baht a year ago.

ThaiBev Q2 profit down 3.2% at 6.7 billion baht; declares dividend of 0.15 baht per share

Group notes that the Thai economy has ‘showed signs of steady recovery’; unlikely to be affected by US tariffs

Taopiphop Limjittrakorn, a craft beer brewer himself, says: "Personally, I don’t hate rich people. I want to be rich too, but I just want everyone to have a fair chance to compete."
NEWS ANALYSIS

With Thailand’s new booze law, David wins a small, sweet victory over Goliaths

A key figure behind the new Bill is Taopiphop Limjittrakorn, an opposition party member who was once arrested for illegal beer brewing

The group’s beer sales revenue for the quarter increased 8% year on year to 36.1 billion baht, driven by an 11.8% bump in sales in all key markets.

ThaiBev Q1 revenue up 2.4% at 92.3 billion baht

Improvement driven by stronger sales of beer, non-alcoholic beverages and food segments 

ThaiBev, the maker of Chang Beer, has built up an entrenched distribution network in Thailand over several years, analysts said.

ThaiBev expected to still dominate domestic market as Thailand eases liquor production laws

High barriers to entry for small producers and entrepreneurs abound, including time needed to build up networks, maintain quality control