30-Jul-2022 Intellasia |
Vnexpress |
5:02 AM
<!–
–>
<!– –>
Vietnam’s largest brewer Sabeco reported post-tax profits of VND1.79 trillion ($76.6 million) for the second quarter, the highest since ThaiBev acquired it in 2017.
It represented a 67 percent increase year-on-year, while revenues were up 25 percent to VND9 trillion.
The management said the lifting of social distancing restrictions, resumption of tourism and a general rise in consumption helped boost sales.
Profits for the first six months were VND3.03 trillion, 66 percent of the full-year target.
Thailand’s largest beverage company bought a 54 percent stake in Sabeco, the maker of Saigon Beer, five years ago.
https://e.vnexpress.net/news/companies/sabeco-posts-biggest-quarterly-profit-since-acquisition-by-thai-firm-4493073.html
Category: Business, Vietnam
Article source: https://www.intellasia.net/sabeco-posts-biggest-quarterly-profit-since-acquisition-by-thai-firm-1074031
