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.