SINGAPORE (Feb 14): Thai Beverage (ThaiBev) has achieved a positive set of results for the first quarter ended Dec 31, 2019, following changes in accounting rules and a reshuffling of some its beverages.

During the quarter, its earnings grew 14% y-o-y to THB8.42 billion ($375 million) from THB7.42 billion and revenue rose 4% y-o-y to THB75.68 billion from THB72.63 billion.

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