CGS-CIMB Research estimates that Sabeco’s sales volume could surge 50% y-o-y in FY19.
SINGAPORE (Oct 3): As investors toast to the successful listing of Budweiser Brewing Co APAC – the Asian operations of the world’s largest brewer, Anheuser-Busch InBev – the cheer could extend to locally-listed Thai Beverage too.
Given that Budweiser Asia derives most of its sales revenue from markets such as Vietnam, ThaiBev-controlled Saigon Alcohol Beer and Beverages Corp (Sabeco) could be in good company.
