$ThaiBev (Y92.SG)$ Thai Beverage: ThaiBev: A stellar quarter...
1Q22 revenue and EBITDA rose to THB77.1bn (+7.4% y-o-y) and THB14.7bn (+1.6% y-o-y) driven by the Beer, Non-Alcoholic Beverages and Food segments
Some COVID-19 uncertainty exists but FY22 expected to be better year
BeerCo IPO may potentially be back as higher interest rates loom
Maintain BUY with TP of S$0.92
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