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Thai Beverage's 2QFY2024 earnings weighed down by associates

The Edge Singapore
The Edge Singapore  • 2 min read
Thai Beverage's 2QFY2024 earnings weighed down by associates
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Thai Beverage has reported revenue of 71.6 billion baht for its 2QFY2024, up 6.3% y-o-y. However, earnings in the same period ended March dropped 4.9% to 6.99 billion baht.

This brings 1HFY2024 earnings to 15.2 billion baht, down 5.6% over the year-earlier period. Revenue, meanwhile, was down 0.4% to 147 billion baht.

The company maintains that turnover held steady amid a "challenging" economic situation.

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