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Thai Beverage Public Company Limited (TBVPY) Q2 2026 Earn...
2026-05-16 · via All Articles on Seeking Alpha

Thai Beverage Public Company Limited (TBVPY) Q2 2026 Earnings Call May 15, 2026 6:00 AM EDT

Company Participants

Namfon Aungsutornrungsi - Head of Investor Relations Department
Songwit Sritham - Senior VP & Chief Spirits Business - Thailand
Nongnuch Buranasetkul - Chief Beer Business - Thailand
Ueychai Tantha-Obhas - Managing Director and Director
Prapakon Thongtheppairot - President & Group COO-International, EVP and CFO of Int. Business
Rahul John Colaco
Sopon Racharaksa - Exe. VP, Chief People Off., Chieff Corp. Aff. TL, & Chief Spirits Prd

Conference Call Participants

Zheng Feng Chee - DBS Bank Ltd., Research Division
Divya Kothiyal - Morgan Stanley, Research Division
Selviana Aripin - HSBC Global Investment Research
Meghana Kande - CGS International
Permada Darmono - UBS Investment Bank, Research Division
Xuan Tan - Goldman Sachs Group, Inc., Research Division
Hussaini Saifee - Maybank Research Pte. Ltd.
Paul Chew - Phillip Securities Pte Ltd., Research Division

Presentation

Operator

Good evening, everyone, and thank you for joining the Thai Beverage 1H 2026 Results Call. [Operator Instructions] I will now hand over the call to the presenters, Ms. Namfon Aungsutornrungsi, ThaiBev's Head of Investor Relations; and the members of ThaiBev's senior management team. Thank you.

Namfon Aungsutornrungsi
Head of Investor Relations Department

Good evening, ladies and gentlemen, and welcome to ThaiBev Financial Results Conference Call for the 6 months ended the 31st of March 2026. For the call tonight, I will begin with a summary of our results, then we will open the line for Q&A with our management team here.

For the summary of the first half results, total sales revenue of the group for the first half was THB 173,219 million, a decrease of 2.5% compared to the same period last year. This was due to a decrease in sales revenue from the beer and nonalcoholic beverage, while there was an increase in sales revenue from Spirit food and others businesses. EBITDA from normal business