During the quarter, ThaiBev’s sales revenue decreased by 5.9% y-o-y to 76.11 billion baht as all its segments except beer grew on a y-o-y basis.
Thai Beverage (ThaiBev) (SGX:Y92
) has reported an ebitda of 13.79 billion baht ($514.6 million) for the 1QFY2024 ended Dec 31, 2023, up 1.9% compared to the corresponding period last year.
Thanks to cost management measures, the company achieved ebitda growth across all its business segments despite a decline in sales revenue.
