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Bangkok Post
Bangkok Post
Business

Thai Beverage logs over 7% rise in nine-month profit

⁠Thai Beverage logo. (Photo: ⁠Pattarapong​ Chatpattarasil​)

BENGALURU — Singapore-listed ⁠Thai Beverage (ThaiBev) ​posted ​a ‌7.2% rise in nine-month operating earnings on Thursday, helped by ​growth ⁠across all businesses on the ‌back of effective brand investment and marketing ⁠activities.

The company, which brews the popular Chang beer and Sangsom rum, reported earnings before ​interest, tax, depreciation and ​amortisation (Ebitda) of ‌48.29 billion baht (US$1.46 billion) ​for ⁠the nine months ended June ⁠30, up from 45.03 billion baht a ⁠year earlier.

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