Chang beer maker ThaiBev posts 7% fall in annual profit

Reuters
2025/11/25
Chang beer maker ThaiBev posts 7% fall in annual profit

Nov 25 (Reuters) - Singapore-listed Thai Beverage TBEV.SI posted a 7% fall in annual profit on Tuesday, due to persistent weakness in its key spirits division alongside a decline in earnings in the food business.

ThaiBev, which brews the popular Chang lager, reported profit attributable of 25.36 billion baht ($786.11 million) for the year ended September 30, compared with 27.22 billion baht a year earlier.

($1 = 32.2600 baht)

(Reporting by Rajasik Mukherjee and Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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