ThaiBev Plummets 3.88% Following Q2 Profit Decline

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ThaiBev Plummets 3.88% Following Q2 Profit Decline

Stock Track05-13

ThaiBev (Y92.SI) shares plummeted 3.88% in Tuesday's trading session, marking a significant decline for the Chang beer maker. The stock's sharp drop comes on the heels of the company's recent financial report, which revealed disappointing second-quarter results.

According to the company's announcement last Friday, ThaiBev's profit for the second quarter ended March 31, 2025, decreased by 3.2% year-on-year to 6.7 billion baht (S$263.5 million), down from a restated profit of 7 billion baht in the previous year. The profit decline was primarily attributed to lower earnings in the spirits and other segments. Additionally, the company's revenue for the quarter slightly decreased by 0.6% to 85.4 billion baht. The lower-than-expected financial performance appears to have prompted investors to reassess their positions, leading to today's sharp sell-off in ThaiBev's shares.

ThaiBev tumbles 3.88% at 10:58 am, May 13th.

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BoonHuat
·05-13
Been holding this rubbish for the longest time. Always disappoints!!! Piece of trash!!!
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KienBoon
·05-13
ThaiBev normally can't move up. With this negative news dropped fast. Mkt expectations are high indeed these days. Looks like stuck with this lacklustre counter now. Oh no. [Facepalm]
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Always disappoints!!! Piece of trash!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/434702880956576","repostId":1187111878,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":434622110978672,"gmtCreate":1747110923969,"gmtModify":1747110928436,"author":{"id":"3583571359572641","authorId":"3583571359572641","name":"KienBoon","avatar":"https://community-static.tradeup.com/news/e7090d1e1d330d9f46f450df88abac91","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3583571359572641","idStr":"3583571359572641"},"htmlText":"ThaiBev normally can't move up. With this negative news dropped fast. Mkt expectations are high indeed these days. Looks like stuck with this lacklustre counter now. Oh no.&nbsp;[Facepalm]&nbsp;&nbsp;","listText":"ThaiBev normally can't move up. With this negative news dropped fast. Mkt expectations are high indeed these days. Looks like stuck with this lacklustre counter now. Oh no.&nbsp;[Facepalm]&nbsp;&nbsp;","text":"ThaiBev normally can't move up. With this negative news dropped fast. Mkt expectations are high indeed these days. Looks like stuck with this lacklustre counter now. Oh no. [Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/434622110978672","repostId":1187111878,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}