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ThaiBev
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Thai billionaire’s firm fetches $383M from Sabeco dividends over 6 years
Thai billionaire Charoen Sirivadhanabhakdi’s company has received a total of VND9.3 trillion ($383 million) in cash dividends from brewer Sabeco since its acquisition of the company in 2017.
Sabeco’s profit drops 23% in Q3
Brewer Sabeco saw its post-tax profit plunge 23% year-on-year in the third quarter, landing at VND1.07 trillion ($43.54 million) so far, due to rising competition and expenses amid low demand.
Beverage giant ThaiBev expands to charging stations, restaurants
Thailand’s ThaiBev, which owns Vietnam’s biggest brewer Sabeco, will boost investments in restaurants and enter the field of electric vehicle charging stations, a Nikkei Asia report says.
December 2, 2022 | 07:12 pm PT
ThaiBev rejects rumors about selling 'crown jewel' brewer Sabeco
Thai company ThaiBev has dismissed rumors it wants to sell Vietnam’s biggest brewer Sabeco.
September 28, 2022 | 08:34 pm PT
Thai Bev to sell 20 percent of beer business in blockbuster Singapore IPO
Thai Beverage plans to sell a 20 percent stake in its regional beer business via a Singapore listing in a major initial public offering.
February 6, 2021 | 12:46 am PT
Government to sell its shares in Vietnam's largest brewer
The government plans to sell its 36 percent stake in the country’s largest brewer, Sabeco, this year.
July 1, 2020 | 10:17 pm PT
Vietnam denies reports it is buying back brewery stake from Thai firm
Vietnam’s Ministry of Industry and Trade said it has no intention of reacquiring stakes in the country’s largest brewer, Sabeco, as rumored.
June 3, 2020 | 08:55 pm PT
Sabeco reports record profits
Post-tax profits surged 22 percent year-on-year for Vietnam’s largest brewer Sabeco, reaching VND5.37 trillion ($231.96 million), its highest annual profit ever.
January 21, 2020 | 05:15 pm PT
Trade Ministry denies sale of top brewery shares to Chinese investors
Vietnam’s trade ministry, which can veto share sales by Sabeco, has confirmed that Chinese investors have not acquired shares in the nation’s largest brewery.
October 3, 2019 | 04:32 am PT
Vietnam’s biggest brewer reports surge in profits
Sabeco reported second quarter post-tax profit of VND1.53 trillion ($66.03 million), the highest quarterly profit in three years.
July 29, 2019 | 08:48 pm PT
Thai firm tops $1 bln in H1 revenues from Vietnam
Thai Beverage, which owns the biggest brewer Sabeco, earned H1 revenues of VND25.3 trillion ($1.09 billion) from its Vietnam operations.
June 25, 2019 | 06:48 pm PT
Vietnam's largest brewer a foreign owned business now
After a $4.78 million debt restructuring, Vietnam's largest brewer Sabeco is now owned by a Thai company.
January 5, 2019 | 12:24 am PT
Vietnam okays unrestricted foreign ownership of largest brewer
Vietnam’s securities authorities have lifted any foreign ownership cap on the country’s largest brewer Sabeco.
December 5, 2018 | 05:32 pm PT
Vietnam brewer Sabeco lifts foreign ownership cap
Vietnam's largest brewer Sabeco says it has removed its foreign ownership limit, in a statement on its website Monday.
November 12, 2018 | 01:07 am PT
ThaiBev to intensify Vietnam focus after lackluster 3Q
Thai Beverage on Wednesday announced plans to double down on the Vietnam beer market after posting disappointing third-quarter results.
August 17, 2018 | 03:22 am PT