Thapana Sirivadhanabhakdi, chief executive and president of Thai Beverage Plc (ThaiBev), is keen on strong cooperation between all stakeholders from the government and the private sectors to drive rural economic development. (more…)
Thai Beverage Public Company Limited had enjoyed growth in both sales and profit in 2015.
Without a doubt, the company’s Beer segment was the standout performer for the year, with revenue and sales volume increasing by 22.5% and 17.5%, respectively. The segment had also gained market share at the expense of the Leo brand of beer, a leading competitor to Thai Beverage’s own Chang beer brand. (more…)
Chang Beer’s new look was a hit.
When ThaiBev launched a sleek new green bottle for its flagship Chang Beer brand, the market reaction was almost inebriating. The group’s net profit from beer surged by a staggering 207% year-on-year, while its total market share jumped from 30% to 38% in the span of a few quarters. (more…)
Recently ThaiBeverage Public Company Limited have presented their performance in 2015. The total sales revenue has grown 6.2% to Baht 172,049 million. (more…)
DBS Vickers Securities is keeping its “buy” call on Thai Beverage with a target price of 82 cents. (more…)
If you’ve dined in one of the 5,000 or so Thai restaurants in the U.S. (and bothered to check its beverage selection), you may have noticed a beer called Chang. Brewed in Thailand, Chang (actually pronounced “chong”) is Thai for elephant. And much like an elephant, Chang beer is moving with a slow and steady determination. After a decade of building a limited U.S. presence, the brand is ready to go national. (more…)
Someone once told me that you cannot go wrong investing in a company making alcoholic beverages:
When times are good, people celebrate and drink. When times are normal, people socialize and drink. When times are bad, people weep and drink. No matter what, people will drink. (more…)
Investors in Big C (BIGC.BK), one of Thailand’s largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France’s Casino Group (CASP.PA) to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi. (more…)
Thailand’s Chang beer will fill more mugs in Cambodia after inking an exclusive distribution contract with the country’s Attwood Import and Export. (more…)
Thai Beverage (ThaiBev) is one of four companies vying for three beer brands put on sale by Anheuser-Busch InBev, according to Financial Times. (more…)