Thai Beverage Public Co (Y92) Price & Analysis

Established in 2003 and headquartered in Bangkok, Thailand, Thai Beverage Public Company Limited is a prominent producer and distributor of a vast array of alcoholic and non-alcoholic beverages, alongside various food products. The company extends its reach across Thailand, Vietnam, and international markets. Its operations are organized into four primary divisions: Spirits, Beer, Non-Alcoholic Beverages, and Food. The alcoholic portfolio features a wide selection of spirits, including brown, white, and herbal varieties, as well as liquor, beer, malt, and yeast products. The non-alcoholic range is equally diverse, encompassing drinking and soda waters, electrolyte and energy drinks, green and herbal teas, ready-to-drink coffee, carbonated soft drinks, isotonics, soya beverages, Asian and sparkling drinks, cordials, and an extensive dairy collection including pasteurized, UHT, sterilized, and canned milks, yoghurt, and ice cream, along with juices and cereal bars. Within its Food segment, the company offers chilled, frozen, and canned food items. Beyond these core offerings, Thai Beverage diversifies into providing fertilizers, animal feeds, bricks, and oak barrels. Its comprehensive activities also include the trading of molasses, bottles, various supplies, and chemical and packaging materials. The company's services are extensive, covering transportation, distribution, logistics, advertising, marketing, consultancy, asset and brand management, public cold storage, and human resources development. Furthermore, it operates restaurants, bakeries, and social enterprises, and is involved in the production and distribution of biogas. Additional ventures include the manufacturing of cartons, metal, and plastic packaging, wholesale and distribution of beverages, asset management, e-commerce, property development, rental, and investment, mechanical equipment manufacturing, warehousing, and the production, installation, and maintenance of machinery and equipment, particularly for food manufacturing.