Net profit declined by 11.7% YoY to Baht 31,153 million
o Spirits business reported a fall in net profit due to increased
investments in brand building and new product launches.
o Beer business achieved robust growth in Thailand, despite overseas
market challenges and supported by favorable raw material costs,
resulting in an impressive 24.6% increase in net profit.
o NAB business recorded a decline in net profit, due to higher income
tax expenses from expired tax incentives.
o Food business experienced a decline in net profit due to increased
operating expenses from restaurant expansion.
Sales revenue declined by 2.1% YoY to Baht 333,286 million
due to macroeconomic challenges that led to the softening
consumer sentiment across key markets.
● EBITDA declined across all business segments, while the
Beer business remained resilient and continued to show
healthy EBITDA growth.
Final dividend of Bath 0.47 same as last year. XD 5th Feb 2026.
I think the results is not too bad!
Pls dyodd.



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