Thai Beverage PLC's financial year saw overall revenue and profit declines, impacted by soft consumer sentiment and economic challenges. However, the Beer business was resilient, achieving net profit growth through efficiency gains, contrasting with struggles elsewhere.
• Increased investment in brand building and currency fluctuation squeezed the Spirits segment’s profits
• The Food segment posted a net loss driven by higher operational costs tied to restaurant expansion and weaker demand
• Non-Alcoholic Beverages saw profit decrease due to expiring tax incentives and high brand spending
