ThaiBev drew an impressive 140.3% profits growth

Still positive amid net loss in its beer business.

For the year 2012, net profit was Baht 28,760 million or around USD955m, an increase of Baht 16,793 million, or 140.3%, due to an increase of net profit in the spirits business of 40.4% , the non-alcoholic beverages business of 189.9% and from F&N operating results although there was an increase of net loss in the beer business of 12.7% and a decrease of net profit in the food business of 38.3%.

Total sales revenue of the Company was Baht 161,044 million, an increase of 21.8% or Baht 28,858 million, from Baht 132,186 million of last year, due to an increase of sales revenue from the spirits business of 9.9%, the beer business of 4.0%, the non-alcoholic beverages business of 167.0% and the food business of 28.9%. 

Net profit was Baht 28,760 million, an increase of Baht 16,793 million, or 140.3%, due to an increase of net profit in the spirits business of 40.4% , the non-alcoholic beverages business of 189.9% and from F&N operating results although there was an increase of net loss in the beer business of 12.7% and a decrease of net profit in the food business of 38.3%.

Net profit excluded Sermsuk and F&N operating results was Baht 17,460 million, an increase of 41.0% or Baht 5,074 million. Net profit excluding F&N operating results was Baht 18,065 million.