ThaiBev - First Quarter results is out. Total Revenue is up 2.9 percent to 92.27 billion baht ($3.68 billion) attributed to an increase in sales for Beer and NAB.
No dividend for quarterly update.The company payout semi annual dividend.
Total ebitda dipped by 0.8% y-o-y to 16.44 billion baht mainly due to the lower ebitda from spirits and other segments.
Cash flow is healthy with 60.6b bath - cash and cash at bank.
Pls dyodd.
Yield is about 4.9% at current price of 50 cents.
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