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Beerless F&N less stout in Q1, but dairy finds whey to grow

Net profit drops 26.9% for Q1, but continuing operations see 33.9% leap in earnings
Thursday, February 4, 2016 - 05:50

Singapore

FRASER and Neave's (F&N) net profit fell 26.9 per cent in its fiscal first quarter following the sale of its Myanmar brewery, but a hearty dairy business helped continuing operations to post a 33.9 per cent jump in earnings, the drinks company said on Wednesday.

Net

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