You are here

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

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes