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
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
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%
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
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
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 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
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
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 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