: THBEV Price
Our Business

Background

Thai Beverage Public Company Limited (“ThaiBev” or the “Group”) is a leading beverage company in Southeast Asia and the largest in Thailand. The Group’s vision to become a world-class total beverage company embodying commercial excellence, continuous product development and premiumisation, as well as professionalism. ThaiBev’s business consists of four segments – spirits, beer, non-alcoholic beverages, and food.

The Group was listed on the mainboard of the Singapore Exchange in 2006. With a market capitalisation of around S$24 billion as at 30 November 2017, it is currently one of the largest Singapore-listed companies. In 2012, ThaiBev expanded its business overseas through the acquisition of Fraser and Neave, Limited (“F&N”), a highly recognized company in Singapore with a portfolio that boasts of many renowned brands. With the acquisition of F&N, the Group further cemented its position as the leading beverage producer and distributor in the region.

Product or Services

As at 30 September 2017, ThaiBev has 137 subsidiaries, including 18 distilleries, three breweries, and 11 non-alcoholic beverage production facilities in Thailand. The Group also has an extensive distribution network covering 400,000 points of sale in the country. In addition, ThaiBev has an international presence in over 90 countries. The Group has five production facilities in Scotland which are known for producing single malt scotch whiskies such as Balblair, Old Pulteney, as well as Speyburn. In Myanmar, the group has two production facilities and owns Grand Royal brand, an iconic whisky brand in Myanmar. In addition, ThaiBev owns one distillery in China which produces the famous Yulinquan Chinese spirit.

ThaiBev’s most recognised spirits brands include Ruang Khao, SangSom, Mekhong, Hong Thong, as well as Blend 285; and the Group’s signature beer, Chang, is very popular among Thai beer drinkers. In the non-alcoholic beverage space, ThaiBev’s leading brands include Oishi green tea, est cola, and Crystal drinking water. In addition, ThaiBev operates Japanese restaurants, as well as ready-to-cook and ready-to-eat food businesses through its subsidiary Oishi Group Public Company Limited. The Group has also started branching out from these well-established Japanese restaurants and food products, and is accelerating the expansion of its food business by leveraging its subsidiary Food of Asia.

Investment Highlights

  • One of the largest beverage players in Asia
  • Strong free cash flow - Baht 24,066 million (FY17)
  • Ranked among the top 10 largest companies by market cap in SGX - S$ 23,101 million (as of 31 December 2017)
  • Dividend payout not less than 50% of net profit after deduction of all specified reserves*

  • *Subject to our investment plans and as the Board of Directors deems appropriate

Business Portfolio