Thai Beverage (SGX:Y92) Full Year 2023 Results
Key Financial Results
- Revenue: ฿279.1b (up 2.2% from FY 2022).
- Net income: ฿27.4b (down 8.9% from FY 2022).
- Profit margin: 9.8% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: ฿1.09 (down from ฿1.20 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Thai Beverage Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 7.7%.
Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Beverage industry in Asia.
Performance of the market in Singapore.
The company's shares are up 2.9% from a week ago.
Risk Analysis
Be aware that Thai Beverage is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning...
Valuation is complex, but we're here to simplify it.
Discover if Thai Beverage might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About SGX:Y92
Thai Beverage
Produces and distributes alcoholic and non-alcoholic beverages, and food products worldwide.
Undervalued average dividend payer.