Analysts at PhillipCapital and UOB Kay Hian have viewed Thai Beverage’s 4QFY2020 results as positive.

On Nov 26, the regional food and beverage group reported a 2% decline in full-year earnings to 22.75 billion baht ($1 billion), and FY2020 revenue of 253.48 billion baht, down 5.2% y-o-y.

See: ThaiBev posts 2% dip in FY2020 earnings to $1 bil

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook