Key Research Idea Thai Beverage (THBEV SP) - Weak 4QFY21 but reopening could drive volume recovery   Thai Beverage PLC's (ThaiBev) FY21 results came in below our expectations on lower than expected sales volume in 4QFY21 due to Covid-19 restrictions. Revenue decreased by 5.1% to THB 240.5b, while core PATMI was down 3.0% to THB […]

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