Thai Beverage Public Co (SG:Y92) has released an update.
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Thai Beverage Public Co reports a steady sales revenue with a marginal 0.5% increase YoY in the first nine months of 2024 amid economic challenges. The company’s beer and non-alcoholic segments drive a notable EBITDA growth, benefiting from effective cost management and strategic marketing, despite a general decline in sales volume across its businesses. The beer segment, in particular, shows a strong EBITDA increase of 10.2%, boosted by Thailand’s recovering tourism and favorable weather conditions.
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