- ThaiBev reported a net income of 6.99 billion baht for the second quarter.
- The reported revenue for this period amounts to a total of 71.63 billion baht.
- Beer sales accounted for a significant portion of the revenue, earning 29.90 billion baht.
- Non-Alcoholic Beverages also have substantial revenue, earning 5.25 billion baht.
- Food revenue contributed 4.88 billion baht to the total earnings.
- The operating profit for the quarter was recorded at 8.34 billion baht.
- ThaiBev saw a gross profit of 22.05 billion baht during the second quarter.
- The Basic Earnings Per Share (EPS) stands at 0.28 baht.
- In terms of interim dividend per share, ThaiBev announced 0.15 baht.
- ThaiBev’s performance was generally positive, experiencing 10 buys, 4 holds, and no sells.
A look at Thai Beverage Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Thai Beverage Public Company Limited, a leading producer of branded beer and spirits in Thailand, is positioned for steady growth and stability in the long term. According to Smartkarma Smart Scores, the company has a promising dividend score of 4, reflecting its strong commitment to rewarding shareholders. Additionally, with solid scores in value, growth, and resilience at 3 each, Thai Beverage demonstrates a balanced approach to its operations, focusing on sustainable performance across various aspects of the business.
While the momentum score of 2 suggests some room for improvement in short-term performance, Thai Beverage‘s overall outlook remains positive, underpinned by its strong fundamentals and consistent market presence. Investors looking for a reliable player in the beverage industry may find Thai Beverage an attractive option based on its solid Smartkarma Smart Scores and the company’s established reputation for quality products.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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