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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
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Thai Beverage Public Company
Thai Beverage Public Company (Y92) investor relations material
Thai Beverage Public Company Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary11 Aug, 2026
Executive summary
EBITDA grew 7.2% year-over-year for the nine months ended 30 June 2026, despite a decline in sales revenue.
Margin expansion was notable in Beer and Spirits, with all business segments showing EBITDA improvement.
Financial highlights
Total sales revenue was Baht 254,040 million, down from Baht 258,621 million year-over-year.
EBITDA reached Baht 48,288 million, up from Baht 45,026 million year-over-year.
Net cash from operating activities was Baht 35,107 million for the period.
Net interest-bearing debt stood at Baht 182,844 million as of 30 June 2026.
Outlook and guidance
Management cautions shareholders and investors not to place undue reliance on the unaudited business update.
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Latest events from Thai Beverage Public Company
- Profitability improved in 1H26, driven by Spirits and Beer, with strong sustainability progress.Y92
Investor presentation - EBITDA and net profit rose despite lower revenue, but net profit to owners fell due to a non-recurring loss.Y92H1 2026
- EBITDA rose year-over-year despite lower sales, driven by Spirits and Beer margin gains.Y92Q1 2026 TU
- Sales and profit fell, but beer profits surged and dividend payout ratio rose.Y92H2 2025
- Flat sales and higher leverage, with beer EBITDA growth offset by declines in other segments.Y92Q3 2025 TU
- EBITDA up 4.5% and profit rose, led by Beer and Non-alcoholic Beverages growth.Y92H2 2024
- EBITDA rose 2.2% year-over-year, led by beer and non-alcoholic beverage growth.Y92Q3 2024 TU
- Revenue up 1% but net profit down 9.2%, with key M&A activity in Vietnam and spirits under pressure.Y92H1 2025
- Beer and NAB drove revenue and EBITDA growth, while Spirits and Food lagged.Y92Q1 2025 TU
Next Thai Beverage Public Company earnings date
H2 202625 Nov, 2026
Thai Beverage Public Company
Next Thai Beverage Public Company earnings date
H2 202625 Nov, 2026
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Frequently asked questions
Thai Beverage Public Company Limited, commonly known as ThaiBev, is a leading beverage company in Southeast Asia engaged in the production, distribution, and marketing of alcoholic and non-alcoholic beverages. Its product portfolio includes spirits, beer, and non-alcoholic drinks such as water, green tea, and soft drinks. The company’s well-known brands are distributed across Thailand and in various international markets. ThaiBev operates through a network of subsidiaries, breweries, and bottling facilities, serving both domestic and global markets with products that cater to diverse consumer preferences. The company is headquartered in Bangkok, Thailand, and its shares are listed on the Singapore Exchange.