Personal Finance
Thai Beverage’s FY2020 Financial Highlights: Pandemic Impacts Business
By Seedly  •  November 26, 2020
Thai Beverage Public Company Limited (SGX: Y92) is a leading beverage company in Southeast Asia and the largest of its kind in Thailand. The company has four main business segments — spirits, beer, non-alcoholic beverage, and food. Some of the famous brands that Thai Beverage’s owns include Chang beer, Saigon beer, Oishi green tea, and 100PLUS isotonic drink. Yesterday, Thai Beverage announced its financial results for its full-year ended 30 September 2020. Let’s find out how each of its business segments performed and how much in dividends the company has declared for the year. TL;DR: Thai Beverage’s FY2020 Financial Results Thai Beverage’s total sales declined by 5.2% year-on-year to THB 253.5 billion due to the COVID-19 pandemic. Profit attributable to shareholders also tumbled, falling 2.2% to THB 22.8 billion. However, attributable profit from normal operations (which excludes the beer business restructuring costs) increased by 9.2% to THB...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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