Increase in Total Sales Revenue
Total sales revenue for the fiscal year ended 30th September 2024 was THB340,289 million, an increase of 2.2% compared to the same period last year, driven by growth in Beverage and Food segments.
Beer Business Growth
Beer business recorded sales revenue of THB126,332 million in 2024, an increase of 2.4% year-on-year, with a net profit increase of 3.9% due to lower raw material costs and improved operational efficiencies.
Non-Alcoholic Beverages Performance
Non-alcoholic beverages saw a 4.2% year-on-year rise in sales revenue to THB65,802 million, with a 9.3% increase in net profit, supported by lower packaging costs and enhanced production efficiency.
Strong Performance in Myanmar Market
The spirits market in Myanmar showed improvement in sales revenue and EBITDA.
Successful Business Restructuring
Completed a share swap transaction increasing IBIL's percentage interest in Fraser and Neave Limited shares from 28.31% to 69.64%, making ThaiBev the holding company of F&N.