Thai Beverage Public Company Limited (OTCPK:TBVPY) Q4 2025 Earnings Call November 26, 2025 6:30 AM EST
Company Participants
Namfon Aungsutornrungsi – Head of Investor Relations Department
Sopon Racharaksa – Exe. VP, Chief People Off., Chieff Corp. Aff. TL, & Chief Spirits Prd
Ueychai Tantha-Obhas
Teck Tan – Chief Beer Business – Thailand
Songwit Sritham – Senior VP & Chief Spirits Business – Thailand
Pisanu Vichiensanth
Kosit Suksingha – Pres. & Grp COO, Chief Dgt. & Tech., Chief Non-alco Beverages Product Grp-Thai and EVP
Prapakon Thongtheppairot – President & Group COO-International, EVP and CFO of Int. Business
Conference Call Participants
Xuan Tan – Goldman Sachs Group, Inc., Research Division
Zheng Feng Chee – DBS Bank Ltd., Research Division
Meghana Kande – CGS International
Selviana Aripin – HSBC Global Investment Research
Hussaini Saifee – Maybank Research Pte. Ltd.
Presentation
Operator
[Audio Gap] 2025 Results Call.
[Operator Instructions]
I will now hand over the call to the presenters, Ms. Namfon Aungsutornrungsi, ThaiBev’s Head of Investor Relations and members of ThaiBev’s senior management team. Thank you.
Namfon Aungsutornrungsi
Head of Investor Relations Department
Good evening, ladies and gentlemen, and welcome to the ThaiBev’s Financial Results Conference Call for the year ended 30th of September 2025. I am Namfon Aungsutornrungsi, Head of Investor Relations. For the conference call tonight, I will begin with a summary of our full year 2025 results, then we will open the line for a Q&A session with our management team.
For the summary of our results, the total sales revenue of the group for the fiscal year ended 30th of September 2025 was THB 333,286 million, a decrease of 2.1% compared to the same period last year. This was due to a decrease in sales revenue across all businesses. Net profit included associated companies was THB 31,153 million, a decrease of 11.7% compared to the same period last year. This was due to a decrease in net
