ThaiBev Q2 net profit down 12% to 5.79b baht.
THAI Beverage on Friday said second-quarter net profit fell 12 per cent to 5.79 billion baht from a restated 6.59 billion baht, due to a poorer showing in the spirits business, food business and F&N/Frasers Property.
The company was also hit by higher administrative expenses of 5 per cent to 4.08 billion baht, while finance costs also increased 50 per cent to 1.8 billion baht. This led operating profit to slip 2 per cent to 7.18 billion baht.
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