The fiscal year has closed for the Asian beverage giant. “Thai Beverage” of Chao Sua Charoen Sirivadhanabhakdi and has an “heir” the little magnate Thapana Sirivadhanabhakdi Leading the army to move the kingdom, with the year 2022 sales of Wu Fu 272,359 million baht, a 13.2% growth, “profit” wealthy 34,505 million baht, a 26.2% increase
The fiscal year has closed for the Asian beverage giant. “Thai Beverage” of Chao Sua Charoen Sirivadhanabhakdi and has an “heir” the little magnate Thapana Sirivadhanabhakdi Leading the army to move the kingdom, with the year 2022 sales of Wu Fu 272,359 million baht, a 13.2% growth, “profit” wealthy 34,505 million baht, a 26.2% increase
Performance of Thai Beverage Public Company Limited for the year 2022 (Oct. 21-Sep. 22), sales and “profits” have recovered well.
Before looking at the results in detail, looking back at the overall picture in 2021, the business still faces the impact of the COVID-19 epidemic, which affects all business groups of the company. Whether it’s alcoholic beverages and beer. Because the main sales channels such as pubs, bars, restaurants, various entertainment venues or On Premise have to close a lot of services. Until returning to service, it is somewhat delayed than many business sectors.
non-alcoholic beverage business Out-of-home consumption is declining. Many products in the market focus on selling “cartons” to stimulate household consumption. Moreover, the tourism business has not yet recovered. As a result, it affects consumption and sales. Because in addition to more than 60 million Thai people, there are almost 40 million tourists per year, which is sweet purchasing power.
business section “restaurant” During the COVID epidemic The state has a lockdown measure and “banning” dine-in services” or dine-in has been affected. The sales adjustment is therefore takeout, delivery, etc.
While the year 2022 since the middle of the year Many situations are more resolved. Make business come back to trade as usual. People began to come out and live as usual. Including tourists who visit Thailand continuously but not as much as before the virus outbreak
ThaiBev is wealthy, scooping profits of 34,505 million baht
come seeThaiBev’s performance In 2022, the company generated total sales revenue of 272,359 million baht, an increase of 13.2%, and a “net profit” of 34,505 million baht, an increase of 26.2%. It’s a comeback to grow strong once more. As before, faced with COVID-19, for example, in the fiscal year 2019 (October 2018-September 2019), the company made a high profit growth of 33%, etc.
Top – proportion of sales. Bottom – profit proportion of each business group.
for the proportion of sales of each business group Beer was 45%, followed by spirits 42.7%, non-alcoholic beverages 6.4% and food 6%. occupied the highest proportion of 71.9%, followed by beer 25%, non-alcoholic beverages 1.9% and food only 1.2%.
Low-growing liquor – profit “negative”Beer grows very strong! from price increase
The performance of the groupThe spirits business generates total sales of 116,177 million baht, a low growth of only 1%. only compared to the same period last year, while “Net profit” worth 21,902 million baht, slightly in “negative territory” 1.1% compared to the same period last year for the increased sales This was partly due to the “price adjustment” of products and volume sales, but the dimension of production costs also shifted. Either molasses or molasses Including the cost of distribution and product distribution.
business sectionBeer had total sales of 122,489 million baht, growing 23.5%. and “net profit” at 7,597 million baht, up 143.6% growth sales growth factor It comes from the sales volume or the number of liters increased. After the COVID situation has been resolved, including “adjust the price of the product” Both in Thailand and Vietnam due to the “cost” of manufacturing products, packaging, glass bottles, all of which have increased.
however Quantitative sales It is one of the indicators of consumption growth. by business groupbeerTotal sales 2,399 million liters, growing 14.5% spirits Total sales of 657 million liters, an increase of 0.1%
ThaiBev’s performance in the face of COVID-19
business partnon-alcoholic beveragesSales of 1,617 million liters, an increase of 10.9%, often divided by product type as follows: Oishi ready-to-drink green tea and Jubjai herbal drinks with sales of 299 million liters, an increase of 18.7%; drinking water (Crystal), sales of 1,083 million liters, an increase of 10.3%; carbonated soft drinks, S Hundred Plus and Zaxi, total sales of 230 million liters, an increase of 4,9%. and others such as energy drinks Sports drinks sales totaled 5 million liters, a slight decrease of 0.5%, while drinking water and soda brand “Chang” total sales totaled 94 million liters, a 30.2% increase.
non-alcoholic beverage business which has brands in the portfolio in various categories, such as Oishi ready-to-drink green tea, est soft drinks, crystal drinking water, generated total sales of 17,432 million baht, an increase of 14.6%, and the “net profit” was 586 million baht, an increase of 27.8 %
while businessfood with total sales of 16,433 million baht, an increase of 45.7%, with a “net profit” of 376 million baht, an increase of 177.1% compared to the same period last year, which faced a “loss” of 488 million baht.
foreign business division with total sales of 78,900 million baht, an increase of 37%, mainly from sales “beer” Sales “spirits” Overseas growth of 7%, the male lead makes money fromGrand Royal Group No. 1 Liquor in Myanmar The Chinese market has sales volume (cases) of Scotch, Whiskey and Chinese Spirits, as well as sales in the United States, India and Japan.
Breaking down the beer business Overseas sales increased by 46%, both from Saigon Beer Alcohol Beverage Corporation or Sabeco (SABECO) Vietnam’s No. 1 beer, including the ASEAN market as a whole, the British and Middle Eastern markets with double-digit growth rates.
international market Chang soda is still sold in China. that is still strong as well
M&A method, growth shortcut But sometimes we encounter difficult problems as well.
Dissecting Passion 2025, ThaiBev’s growth strategy reinforces the Asian beverage giant
