ThaiBev full-year profit dips 2% to 22.75b baht

Pandemic weighing on Thailand's alcoholic and non-alcoholic beverage industry in 2020; full-year revenue falls 5.2% to 253.48b baht


THAI Beverage Public Co (ThaiBev) reported a 2 per cent dip in net profit to 22.75 billion baht (S$1 billion) from 23.27 billion baht for the full year ended Sept 30, 2020, dragged by the overall contraction in the beverage industry due to Covid-19 prevention measures.