Thai Beverage Pcl Ord (TBVPF) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening, everyone, and thank you for joining the Thai Beverage Fiscal Year 2024 results call. All participants have been placed in a lesson-only mode. Later, we'll conduct a question-and-answer session, and instructions will be given at the time. I will now hand over the call to the presenters, Ms. Nemphong Ongston-Ronsi, Thai BEV's Head of Investor Relations, and the members of Thai BEV's Senior Management Team. Thank you. Good evening, ladies and gentlemen. Welcome to Thai Privates' full year 2024 and the 30th of September 2024 Financial Resource Conference call. I am Namphu, Aung San Suu Kyi, Head of Investor Relations. For the call tonight, I will start with a summary of the full year results. Then we will open the line for Q&A with our management team here. For the summary of the full year results, on 28th of September 2024, InterBelf Investment Limited, or IBIL, an indirectly owned subsidiary of ThaiBel, completed a share swap transaction with TCC Asset Limited, or TCCAL. The transaction resulted in an increase in IBIL's percentage interest in Fraser & Neve Limited shares from 28.31% to 69.64%, making Tybeft the holding company of F&N and seed to hold any interest in Fraser's Property Limited. As IBIL and TCCAL are under common control of the same ultimate controlling shareholder, the transaction is accounted for as a business combination under common control. Accordingly, the group's full year 2023 consolidated financial statements have been restated for comparative purposes. Total sales revenue of the company for the fiscal year ended 30th September 2024 was 340,289 million baht, an increase of 2.2% when compared to the same period last year, driven by growth across our beverage and food segments. Net profit was 35,270 million, an increase of 0.6% compar...