Thai Beverage's Outlook Seems Positive -- Market Talk
Dow Jones
Nov 27
0652 GMT - Thai Beverage's outlook seems positive, despite its weaker-than-expected FY 2025 earnings, RHB Research analyst Alfie Yeo writes in a note. The Singapore-listed company's FY 2025 sales have generally been affected by weak consumption, except its Thailand beer business. However, as Thai Beverage holds a strong market leadership position in Thailand and Vietnam, consumption is expected to pick up amid expectations of stronger economic growth. RHB has a buy rating and target price of S$0.62 on the stock, which is 1.1% lower at S$0.46.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
November 27, 2025 01:52 ET (06:52 GMT)
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