ThaiBev posts 2.2% YoY rise in EBITDA driven by segment gains

EBITDA for the period was ฿38.6b ($1.5b).

Mainboard-listed ThaiBev reported a 2.2% YoY increase in earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the first nine months of 2024 (9M 2024), driven by improved sales revenue across most business segments.

EBITDA for the period was ฿38.6b ($1.5b), the company's unaudited results showed.

Leading in sales revenue was its Beer segment with ฿93.8b ($3.5b), 0.6% higher than the 9M 2023 record.

Its Spirits segment achieved the second-highest revenue at ฿92.8b ($3.49b), representing a 0.9% YoY decline.

Meanwhile, its Food segment recorded the biggest improvement, with sales revenue increasing 5.1% YoY to ฿15.02b ($563.95m).

The Non-Alcoholic Beverages (NAB) segment reported the second largest sales revenue increase, with a 4.9% YoY growth to ฿15.6b ($585.7m).

Follow the link for more news on

ThaiBev

Financial Statements

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia