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Thailand. In 1Q 2016, ThaiBev beer sales grew 61.1%

Thai Beverage Public Company Limited (“ThaiBev”) published the performance of the first quarter of 2016.

According to the company’s report ThaiBev beer sales by volume increased by 61.1% against the first quarter of 2015 and reached 273 million liters. The sales revenue in the beer segment increased by 71.3% to 18.034 billion baht.

 

ThaiBev_1Q2016

 

Among the beverage segments of the company, the beer segment had the biggest growth of the net profit, that is, 174.6%. The sales profitability amounted to 9.1%, which is 3.4 p.p. higher than the same period the previous year.

The biggest cost item for the company was paying the excise tax, 58.9% of the total revenue. The previous year, this tax accounted for 57.3% of the total revenue.

24 May. 2016

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