Sermsuk Public Company Limited Financial Update

Announcement Overview

Date of Announcement: 15 November 2024

Financial Year End: 30 September 2024

Company Overview

Sermsuk Public Company Limited (SSC) is an indirect subsidiary of Thai Beverage Public Company Limited (THBEV). The announcement indicates that SSC’s financial results for the fiscal year ending 30 September 2024 will soon be available on the Stock Exchange of Thailand (SET) website.

Ownership Structure

SSC is 64.67% owned by So Water Company Limited, a wholly-owned subsidiary of THBEV. There is an ongoing tender offer for the remaining shares in SSC, with shareholders holding 26.89% of the shares having expressed interest in selling.

Investment Considerations

For Current Shareholders

Given the information available, it would be prudent for current shareholders to hold their positions until the full financial results are released. The ongoing tender offer might influence share prices, and the results will provide better insight into the company’s financial health.

For Potential Investors

Potential investors are advised to wait for the release of the financial statements before making investment decisions. The financial results will offer a clearer picture of SSC’s profitability and market position.

Disclaimer

This update is based solely on the information provided in the announcement. It does not constitute financial advice. Investors should perform their own due diligence and consult with a financial advisor before making investment decisions.

View ThaiBev Historical chart here