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ThaiBev
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ThaiBev
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Joelton
Supreme |
15-May-2020 09:32
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ThaiBev Q2 net profit falls 14% to 4.95b baht in a ' challenging' environmentTHU, MAY 14, 2020 - 10:26 PMTHAI Beverage Public Co (ThaiBev) on Thursday recorded a second-quarter net profit decline of 14 per cent on the year to 4.95 billion baht (S$220 million), amid what it called a &ldquo challenging business environment&rdquo .  The company said on Thursday that the Covid-19 outbreak has &ldquo severely affected&rdquo all economic activities in Thailand. The Thai government has implemented measures to stem the spread of the virus, by mandating entertainment venues and restaurants to close and temporarily prohibiting alcoholic beverage sales. ThaiBev expects these measures will affect next quarter&rsquo s sales figures. The group declared an interim dividend of 0.10 baht per share for the quarter ended March 31, lower than a restated 0.15 baht in the preceding year. Revenue for the quarter came in at 61.41 billion baht, a 12 per cent drop year on year, weighed by declines in its key spirits and beer businesses. Takings for the spirits business fell 3.9 per cent due to a decrease in sales revenue for the beer business - which now includes Chang water and Chang soda - declined 23.5 per cent owing to a decrease in Sabeco beer sales. Revenue for the food business was down 8 per cent, led by a decrease in revenue from Oishi food. The non-alcoholic beverages segment saw revenue rise 5.1 per cent, however, boosted by an increase in sales. Earnings per share for the second quarter was 0.2 baht, down from 0.23 baht previously. https://www.businesstimes.com.sg/companies-markets/thaibev-q2-net-profit-falls-14-to-495b-baht-in-a-challenging-environment   |
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Stockerman
Member |
15-May-2020 07:08
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Valuetronics and ThaiBev almost same price...
No brainer on which to invest... |
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john_ric
Supreme |
15-May-2020 01:42
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dividend is Bt 0.10 x 1000=100 bt = sgd 4.45 per 1000 shares.  < dividend got cut. > book closed on 29 May 20. payment on  12 Jun 20. |
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john_ric
Supreme |
15-May-2020 01:29
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2q summary *Declare interim dividend of Bt 0.10 pershare,and will continue to pay final dividend. *TheCompany remains committed with our full year dividend policy of &ldquo Not lessthan 50% ofnet profit after deduction of allspecifiedreserves,subject to our investment plans and astheBoardofDirectorsdeemsappropriate. * Net profit from normal operation was flat,amidst challenging business environment,at 6,705MB, --0.8%YoY. &bull Spirits business remains solid.
&bull NAB continued to be profitable.
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john_ric
Supreme |
14-May-2020 14:27
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1H2020 RESULTS CONFERENCE CALL Date:Friday, 15May 2020Time:1830hrs (Singapore time) ThaiBev will release its 1H2020 financial results on Thu, 14May20  after the market closes. In addition, it will host a conference call on Fri, 15May 20at1830 hrs (Singapore time)to discuss the financial results. |
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shortking
Senior |
14-May-2020 14:22
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im not sure if the beer sales is included since that is oishi Co where Thaibev owns 79% so not too sure
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wenyen
Master |
14-May-2020 14:21
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I think it' s more appropriate to compare with Q1 2019/20 (1 Oct 2019 - 31 Dec 2019) than Q2 2018/19. It will show the direct impact of covid on back to back quarters..  
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wehuattogether88
Supreme |
14-May-2020 14:17
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Yeah , I agreed, not as bad as I thought
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satruz
Master |
14-May-2020 14:12
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Doesn't sound too bad in this climate , isn't it?
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shortking
Senior |
14-May-2020 14:08
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nvm i found it Reported net profit of the company for Q2/2019-2020 was Baht 371 million, reduced by Baht 27 million or 6.7% from Baht 397 million for Q2/2018-2019. Reduction in food profit as a result of the impact as mentioned was partly offset by recognition of insurance claim as aforementioned this quarter Beverage business The beverage sales and services revenue for Q2/2019-2020 was Baht 1,562 million, decreased by Baht 122 million or 7.2% from Q2/2018-2019, driven by a decline in sales from Cambodia and Laos which are our major export markets as a result of the impact from the COVID-19 pandemic. However, this was partly offset by the growth in domestics beverage revenue thanks to distribution channel expansion. Consequently, the Company was able to sustain our leadership position in the RTD Tea market during the quarter, with supports from our strong brand position and the launch of Oishi Gold new flavor &ldquo Gyokuro&rdquo , which received positive feedback from customers. |
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shortking
Senior |
14-May-2020 14:04
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anyone got their earnings for q1 report they say they uploaded on some thai website but i dont understand thai? | ||||
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wehuattogether88
Supreme |
14-May-2020 14:03
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Are you serious?
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albeniz
Veteran |
14-May-2020 13:55
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The price drops today. Time to take a good sip, take advantage from the low price and load some more. 打 鐵 趁 熱 . 今 朝 有 酒 ,  今 朝 先 醉 !  
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wehuattogether88
Supreme |
14-May-2020 13:29
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This one is a super slow up stock, but drop quite fast though.
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Stockerman
Member |
14-May-2020 13:27
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https://www.bangkokpost.com/thailand/general/1916292/businesses-gear-for-june-boost
Accumulating now.... |
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satruz
Master |
14-May-2020 11:18
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Lolx 👍
Am already vested. Just waiting for its engine to start running.
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albeniz
Veteran |
14-May-2020 11:13
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Good to accumulate some for long term. Whether lock down or not, common folks will still drink beer,. No virus - gather outside to drink, Virus - buy and stockpile to drink at home. 來 , 來 , 來 , 喝 完 了 這 杯 再 說 吧 ! |
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satruz
Master |
14-May-2020 11:07
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Today so weak..... having hangover? 😅 | ||||
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idwish
Senior |
13-May-2020 14:56
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Thailand reports no new coronavirus cases for first time since March 9 |
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Stockys
Member |
12-May-2020 14:20
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Whoops 685 to 705 haha my bad watched too many counters until my eyes also confused
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