Here are some snapshots of the 1H13 results;

A. Dividend
For Interim 2013, Thai Bev has just went CD and announced dividend per share of 0.14 baht, unchanged from 2012. Earnings per share is 0.33 baht, down from 0.37 baht in 2012. Dividend Payout ratio has increased from 38% in 2012 to 42% to maintain the same amount of dividend.

B. Financial Highlights & Business Segment Review
Sales Revenue, 1H13: -7.3% from 1H12.
Net Profit (ex. F&N), 1H13: -13.5% from 1H12.

Margin (include F&N);
EBITDA, 1H13: 17.7% from 17.8% 1H12.
Net Profit Margin, 1H13: 11.0% from 11.7% 1H12.
notes:
-1H12 does not have contributions from F&N.
-Finance costs of 806 mil baht will be reduced once Thai Bev receives cash from F&N capital reduction.
-In 1H13, F&N boosted EBITDA margin from 15.8% to 17.7%, and Net Profit ......