Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Companies / Thailand

ThaiBev Targets Consistency In 2009 Results

October 2009 | Company Finance Alert

In spite of a still-shaky economic outlook, Thai alcoholic drinks producer Thai Beverage Plc (ThaiBev) has confirmed that it expects 2009 revenue and net profit at least to match those achieved in 2008. Government excise hikes, weak private consumption and plummeting tourist numbers all make ThaiBev's task a tough one, and yet first half results, while mixed, do suggest that the company is on course to fulfill its modest

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