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ThaiBev’s liquor earnings drop 12% in 1st quarter of 2025 accounting year

February 16, 2025

ThaiBev’s revenue rose by 2.2% in Q1 of the 2025 accounting year, reaching 92.265 billion baht. However, liquor earnings dropped by 12%, while beer and non-alcoholic beverages saw growth. EBITDA fell slightly by 0.8%.

IconSiam countdown drives record bookings at Bangkok’s luxury hotels

December 23, 2024

Business operators along the Chao Phraya are expecting a 75% surge in earnings thanks to IconSiam’s ‘Amazing Thailand Countdown’

Thai banks’ sector outlook revised to neutral on slow recovery

THURSDAY, JUNE 20, 2024

Fitch Ratings has revised the Thai banking sector outlook to neutral from improving, as the subdued pace of economic recovery is likely to limit earnings upside.

Krungsri's 1Q24 earnings: THB7.54B, sustaining real economy growth

FRIDAY, APRIL 19, 2024

Krungsri (Bank of Ayudhya PCL and its business units) posts 7.543 billion baht in net profit for the first quarter of 2024, decreasing by 13.1% over the year, largely driven by an increase in provisions as a safeguard in light of future uncertainty that could impact asset quality domestically and overseas, underscoring Krungsri’s rigorous and prudential risk management approach.

Fuel subsidies, lower car tax keep Finance Ministry’s earnings below target

MONDAY, APRIL 01, 2024

The Finance Ministry said its revenue in the first five months of fiscal 2024 was well below the target due to fuel subsidies it has been providing.

Small True shareholders sue NBTC for lost earnings

TUESDAY, AUGUST 23, 2022

Minority shareholders of True Corporation (True) are suing the National Broadcasting and Telecommunications Commission (NBTC) for causing a delay in the merger of two telecom giants.

Stocks approach highs as earnings refute naysayers

FRIDAY, OCTOBER 29, 2021

U.S. stocks rallied to another all-time high as fresh signs that Corporate America is delivering on lofty earnings expectations propel major indexes toward the best month in a year. Treasuries continued to gyrate, with some portions of the yield curve inverting.

Stocks trade near highs with tech earnings up next

WEDNESDAY, OCTOBER 27, 2021

U.S. stocks traded near all-time highs as corporate earnings helped boost sentiment amid lingering concerns about inflation and growth.

CBM: Exporters to sell export earnings in their accounts in four months after their entry into bank

SUNDAY, SEPTEMBER 05, 2021

Central Bank of Myanmar issued a statement dated September 3 saying that exporters must sell their balance income within four months after the earnings they have received with current market price.

First-quarter earnings still strong for AIS, Dtac, True

MONDAY, MAY 17, 2021

Thailand’s three top telecommunication service providers, namely Advanced Info Services (AIS), Total Access Communication (Dtac) and True Corporation (True), have generated a revenue of more than 100 billion baht in the first quarter despite the Covid-19 impact on the economy.

Stocks climb amid earnings, data; crude oil jumps

THURSDAY, MAY 07, 2020

U.S. equities climbed, with the Nasdaq Composite Index briefly turning positive for the year, as investors sift through the latest company earnings and data showing another surge in the number of out-of-work Americans. Oil jumped.

Stocks shake off virus dread in busy earnings week

WEDNESDAY, JANUARY 29, 2020

U.S. stocks climbed the most since October on speculation that efforts to contain the coronavirus will prevent a major economic fallout.

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