Thai Beverage (ThaiBev)

Investing ideas

Potential spin-off and listing of ThaiBev's beer business could bring new highs

SINGAPORE (Dec 3): Something is brewing at Thai Beverage.

IPO

ThaiBev said to consider IPO of US$10 bil brewery business: Update

SINGAPORE (Nov 29): Thai Beverage is considering an initial public offering of its brewery business in what could be the biggest listing in Singapore in close to a decade, people with knowledge of the matter said. Shares of the company surged.

IPO

ThaiBev considering a Singapore IPO of US$10 bil brewery business

(Nov 29): Thai Beverage is considering an initial public offering of its brewery business in what could be the biggest listing in Singapore in close to a decade, people with knowledge of the matter said. Shares of the company surged.

Investing ideas

ThaiBev brings some cheer to analysts as full-year results signal recovery

SINGAPORE (Nov 25): A recovery seems to be in full swing for Thai Beverage.

Results

ThaiBev posts 30% rise in FY19 earnings to $1.05 bil on higher revenue

SINGAPORE (Nov 25): Thai Beverage posted a 30% jump in full-year earnings to 23.27 billion baht ($1.05 billion) for FY2019 ended September, from 17.94 billion baht a year ago.

Broker's Calls

Cheer from Budweiser Asia's listing could extend to ThaiBev via Sabeco: CGS-CIMB

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.

Manufacturing

Venture, Hi-P and ThaiBev win on earnings growth, share price gain and ROE respectively

SINGAPORE (Sept 16): For all the competition from low-labour-cost locations, manufacturing remains a key pillar of Singapore’s economy. Astute manufacturers in the city state have long managed costs by setting up operations outside Singapore, while main

Investing ideas

ThaiBev poised for a turnaround, but can its shares continue to climb?

SINGAPORE (Aug 21): Things seem to be looking up for Thai Beverage.

Results

ThaiBev reports 22% rise in 3Q earnings to $302 mil on higher sale volume of spirits and soft drinks

SINGAPORE (Aug 15): Thai Beverage reported earnings rose 22% to THB6.7 billion ($302 million) in 3Q19 ended June from THB5.4 billion in 3Q18 a year ago.

Company in the news

ThaiBev under siege after Budweiser shelves IPO

(July 15): Thai Beverage PCL’s crown as top performer in Singapore this year is under siege after rival Anheuser-Busch InBev NV shelved the initial public offering of its Asian unit to raise up to US$9.8 billion ($13.3 billion).
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