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Thai Beverage Public Company Limited (TBVPF) Q4 2023 Earnings Call Transcript

Thai Beverage Public Company Limited (TBVPF) Q4 2023 Earnings Call Transcript


Thai Beverage Public Company Limited (OTCPK:TBVPF) Q4 2023 Earnings Call Transcript November 23, 2023 5:30 AM ET

Company Participants

Namfon Aungsutornrungsi – Head of IR

Ueychai Tantha-Obhas – Director and Senior EVP and COO, Thailand

Prapakon Thongtheppairot – EVP, Chief Spirit Product Group, Group CFO

Lester Tan Teck Chuan – Chief Beer Business, Thailand

Sithichai Chaikriangkrai – Director and Senior EVP, Chief Investment Officer

Edmond Neo Kim Soon – EVP, Chief Brand and Commercial

Nongnuch Buranasetkul – SVP, Chief Food Business, Thailand

Conference Call Participants

Divya Kothiyal – Morgan Stanley

Selviana Aripin – HSBC

Xuan Tan – Goldman Sachs

Permada Darmono – UBS

Thitithep Nophaket – Kiatnakin Phatra Management

Andy Sim – DBS Vickers Securities

Llelleythan – UOB

Operator

Good evening, everyone, and thank you for joining the Thai Beverage Full Year 2023 Results Call. All participants have been placed in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. I will now hand over the call to presenters, Ms. Namfon Aungsutornrungsi, ThaiBev’s Head of Investor Relations, and the members of ThaiBev’s Senior Management team. Thank you.

Namfon Aungsutornrungsi

Good evening, ladies and gentlemen, and welcome to Thai Beverage’s 2023 ended 30th September 2023 financial results conference call. I am Namfon Aungsutornrungsi, Head of Investor Relations. For the call tonight, I will start with a summary of the full year results. Then we will open the line for Q&A with our management team.

For the summary of the financial results, total sales revenue of the company for the year ended September 30, 2023 was THB279,085 million, an increase of 2.5% when compared to last year. This was due to an increase in sales revenue of spirits, non-alcoholic beverages, and the food business, although there was a slight decrease in sales revenue of the beer business. The net profit was THB30,727



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