On Tuesday at 10:30 AM (Bangkok time), the share price of Carabao Group Public Company Limited (SET: CBG) soared by 3.95% or THB 2.25 to THB 59.25, with a trading value of THB 141.19 million.
Finansia Syrus Securities (FSS) anticipates that for the second quarter of 2025, CBG will experience a positive boost in performance driven by increased domestic sales compared to the same period last year, and an uplift from the first quarter of 2025.
This rise is also attributed to the festival and summer season, which typically sees a significant boost in beverage sales during the second quarter. Additionally, exports to the CLMV markets (Cambodia, Laos, Myanmar, and Vietnam) are expected to maintain strong sales levels.
Another supporting factor in 2Q25 is the reduction in production costs, particularly for key raw materials such as sugar, as well as packaging costs for glass bottles and aluminum cans. These are expected to enhance CBG’s performance, making the company’s results for the second quarter stand out.
