Back 09 May 2025

Thai Beverage PLC Navigates 1H25: Revenue Grows, Profit Dip Offset by Strong Beer Segment and Spirits Contribution

Link: https://links.sgx.com/1.0.0/corporate-announcements/HKFWB6OG2DK22J81/8e4da1aaa887118bb38c68c22fc9b39c54ea4a983a2e983f6c8df971ee58cdd3

Summary:

  • Thai Beverage PLC reported sales revenue of Baht 177,617 million for the first half of fiscal year 2025, a 1.0% increase driven by the Beer and Non-Alcoholic Beverage businesses.
  • Despite the increase in sales revenue, net profit for the period decreased by 9.2% year-over-year to Baht 17,769 million.
  • Business segment performance was mixed; the Beer business reported robust net profit growth, while the Spirits, Non-Alcoholic Beverage, and Food businesses saw declines in net profit or increased operating expenses.
  • The Spirits business continued to be the largest contributor to the Group's sales revenue, EBITDA, and net profit.
  • An interim dividend of 0.15 Baht per share was declared for the period.