Business Segments Thai Beverage OTC Markets

Stocks

TBVPF

TH0902010014

Distillers & Wineries

Market Closed - OTC Markets 20:21:31 03/09/2026 BST			5-day change	1st Jan Change
0.3692 ^USD	+10.77%		-7.70%	+5.49%

09-02	IFBH's Singapore Unit Signs Vitaday Licensing Deal With General Beverage	MT
08-18	Thai Beverage Sets Up China Marketing Subsidiary	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Geographical Revenue Distribution History

Breakdown by Business Segment (THB)

Fiscal Period: September	2021	2022	2023	2024	2025
Beer, Ale and Malt Beverages
Beer	99.46B	123B	121B	127B	124B
Total Assets	234B	258B	-	-	205B
Interest Expense	-4.99B	-4.44B	-4.38B	-4.5B	-4.33B
Income Tax Expense	1.21B	2.08B	1.83B	2.37B	2.14B
CAPEX	-1.22B	-898M	-	-	-3.76B
EBT	4.1B	9.14B	6.82B	7.59B	8.64B
Gross Profit	21.85B	28.15B	26.76B	28.69B	29.79B
EBITDA	12.47B	17.28B	14.34B	15.51B	10.78B
D&A	3.14B	3.17B	3.14B	3.41B	3.37B
Operating Income	7.51B	11.83B	8.4B	12.1B	16.35B
Net Income	915M	3.8B	2.36B	5.22B	4.17B
	-	-	-	-	36M
Spirits and Liquors
Spirits	115B	117B	121B	121B	119B
Total Assets	95.39B	95.51B	-	-	109B
Interest Expense	-1.02B	-1.01B	-1.51B	-1.85B	-1.91B
Income Tax Expense	3.5B	3.16B	3.7B	3.95B	3.29B
CAPEX	-1.6B	-1.5B	-	-	-2.66B
EBT	25.64B	25.06B	26.15B	25.34B	23.17B
Gross Profit	38.77B	38.57B	40.68B	40.83B	40.14B
EBITDA	28.77B	28.1B	29.67B	29.32B	23.98B
D&A	2.11B	2.03B	2.02B	2.14B	2.17B
Operating Income	26.19B	25.53B	26.64B	27.19B	27.25B
Net Income	21.76B	21.5B	22.07B	21.38B	19.17B
	-	-	-	-	19M
Bottled Water
Non-Alcoholic Beverages	15.41B	17.72B	19.82B	66.29B	65.04B
Total Assets	28.82B	30.46B	-	-	158B
Interest Expense	-144M	-134M	-286M	-1.65B	-1.76B
Income Tax Expense	87M	133M	99M	1.22B	1.52B
CAPEX	-410M	-400M	-	-	-7.43B
EBT	391M	560M	774M	7.46B	6.66B
Gross Profit	6.03B	6.85B	7.71B	23.69B	23.69B
EBITDA	2.06B	2.14B	2.34B	11.55B	5.65B
D&A	1.38B	1.28B	1.28B	2.74B	2.89B
Operating Income	320M	395M	611M	8.81B	11.31B
Net Income	250M	402M	390M	6.24B	2.41B
	-	-	-	-	60M
Full Service Restaurants
Food	11.36B	16.53B	19.18B	22.45B	22.04B
Total Assets	20.18B	21.35B	-	-	30.04B
Interest Expense	-361M	-374M	-400M	-407M	-454M
Income Tax Expense	-167M	67M	57M	148M	85M
CAPEX	-676M	-761M	-	-	-1.15B
EBT	-631M	403M	122M	449M	-43M
Gross Profit	4.92B	6.95B	7.72B	8.64B	8.6B
EBITDA	909M	2.09B	1.84B	2.32B	-45M
D&A	1.2B	1.28B	1.31B	1.46B	1.55B
Operating Income	-353M	676M	354M	856M	1.96B
Net Income	-389M	366M	67M	301M	-168M
	-	-	-	-	73M
Printed Media Publishing
Others	-	-	-	5.52B	5.06B
Total Assets	-	-	-	-	8.22B
Interest Expense	-	-	-	-15M	-19M
Income Tax Expense	-	-	-	54M	9M
CAPEX	-	-	-	-	-104M
EBT	-	-	-	-34M	-234M
Gross Profit	-	-	-	1.4B	1.31B
EBITDA	-	-	-	2.95B	-292M
D&A	-	-	-	448M	361M
Operating Income	-	-	-	2.5B	146M
Net Income	-	-	-	-88M	-225M
	-	-	-	-	24M
Corporate	-	-	-	-	-
Interest Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
Gross Profit	-	-	-	-	-
EBITDA	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
	-	-	-	-	-179M
Elimination	-264M	-320M	-377M	-433M	-391M
Gross Profit	-78M	-63M	-61M	-48M	-24M
EBITDA	-	-	-	-	179M
Operating Income	113M	148M	166M	-	-
Interest Expense	-308M	-272M	-152M	-	-
EBT	-308M	-272M	-152M	-309M	-
Net Income	-308M	-272M	-152M	-309M	-
EBT	-	-	-	-	-
Net Income	2.42B	4.32B	2.7B	2.52B	-
Total Assets	94.24B	103B	-	-	-
EBITDA	2.42B	4.32B	2.7B	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-
Net Income	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Net Income	-	-	-	-	-
EBT	-	-	-	-	-
Net Income	-	-	-	-	-

Geographical breakdown of sales (THB)

Fiscal Period: September	2021	2022	2023	2024	2025
Thailand	184B	194B	202B	220B	217B
Total Assets	49.14B	48.03B	-	-	52.62B
	-	-	-	-	50.15B
Socialist Republic of Vietnam	45.14B	65.18B	59.96B	58.32B	50.15B
Total Assets	8.72B	8.47B	-	-	5.76B
	-	-	-	-	10.33B
Malaysia	-	-	-	22.43B	23.23B
Total Assets	-	-	-	-	16.78B
Total Assets	-	-	-	-	4.94B
Myanmar	-	-	-	17.45B	22.59B
Total Assets	-	-	-	-	4.94B
	-	-	-	-	23.23B
Singapore	-	-	-	11.7B	10.33B
Total Assets	-	-	-	-	4.68B
	-	-	-	-	22.59B
Overseas	13.8B	15.65B	17.6B	10.52B	9.6B
Total Assets	2.85B	2.67B	-	-	4.7B
	-	-	-	-	217B
	-	-	-	-	9.6B