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Thai Beverage Public Company Limited – A Quick Overview Of The Food And Non-Alcoholic Beverages Latest Performance

Thai Beverage Public Company Limited (SGX: Y92) is a company that operates in four different segments, namely, Spirits, Beer, Food, and Non-Alcoholic Beverages.

The company has recently reported its third-quarter 2017 results. In this article, we will look at the performances of its Food and Non-alcoholic beverage divisions.

Non- alcoholic beverages

Source: Thai Beverage Q3 FY2017 Result Presentation

The Non-alcoholic business reported decline in revenue and higher net loss on a year-on-year basis.

The decline in revenue was driven mainly by the reduction in sales volume of carbonated, soft, ready-to-drink tea, Jub Jai, 100 Plus and other drinks, offset partially by increase in sale volume of drinking water.

Food

Source: Thai Beverage Q3 FY2017 Result Presentation

Overall, revenue was down year-on-year due to lower consumption, offset by growth in store counts.

Nevertheless, net profit was up due to better selling prices and cost efficiency, offset partially by increase in rental expenses as a result of new stores opening.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies mentioned.