Food & Beverage

Revenue for the half-year increased by 24.6%.

Revenue was boosted by the easing of COVID-19 measures in Thailand and Vietnam.

The increase was due to the low base in the same month last year.

Locals are now prioritising health and safety more than anything. 

This is thanks to a S$62m asset enhancement initiative.

The industry rendered $910m in sales.

Katrina is the parent company of ST Hospitality.

An analyst said THBEV will likely see a recovery in consumption volumes, but not in its earnings.

The lifting will take effect on 14 June.

About 34% of Lion City's chicken supply comes from Malaysia.

It grew by 5.2% month-on-month on a seasonally adjusted basis.

Its executive director and a non-executive director are resigning effective 14 June.

Net profit went up to $285m (THB 7b).

Once materialised, the listing is expected to improve ThaiBev's financial position.

The facility is expected to benefit at least 200 food manufacturers.

The opening of new stores is part of the group's plan to expand its footprint in SG.