Top brewer Sabeco reports $94 mln H1 profit, down 27%

Top brewer Sabeco reports $94 mln H1 profit, down 27%

Vietnam’s leading beer maker Sabeco, owned by Thailand's ThaiBev, has reported first-half after-tax profits of VND2.21 trillion ($93.5 million), down 27% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

ThaiBev-backed brewer Sabeco sees market cap down $1 bln after two months

ThaiBev-backed brewer Sabeco sees market cap down $1 bln after two months

Top Vietnamese brewer Sabeco, where Thai beverage giant ThaiBev holds a 64% stake, has witnessed its market capitalization down by VND23.4 trillion (nearly $1 billion) in the last two months to about VND100 trillion ($4.26 billion).

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Top brewer Sabeco eyes acquisition of 2 loss-making firms

Top brewer Sabeco eyes acquisition of 2 loss-making firms

Vietnam’s top brewer Sabeco, owned by Bangkok-based ThaiBev, is looking to increase its ownership in two loss-making companies, namely Saigon Binh Tay Beer Group JSC (Sabibeco Group) and Saigon Packaging Group JSC.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7