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Home International Customs Thailand

Thai Beverage net profit hikes 10% to 6.53b baht

byCustoms Today Report
18/05/2015
in Thailand
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BANGKOK: Net profit rose 10 per cent to 6.53 billion baht for the first quarter, on the back of a 11 per cent rise in revenue to 45.7 billion baht.

This was due to an increase in sales revenue of its spirits business of 9.9 per cent, beer business of 17.5 per cent, non-alcoholic beverages business of 7.9 per cent and food business of 8.2 per cent, it said.

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The company noted that international sales continued to grow in the first quarter, registering a 4.5 per cent increase from a year back, primarily in beer sales.

Earnings per share was 0.26 baht, a rise from 0.24 baht a year back.

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