Corporate digest

Fraser and Neave

Third-quarter net profit slipped 3.5 per cent to S$38.6 million, or 2.7 Singapore cents per share, in the absence of contributions from the now-sold Myanmar Brewery. Excluding discontinued operations and exceptionals, profit from continuing operations rose 52.6 per cent to S$38 million for the quarter ended June 30, the drinks maker announced on Thursday after the market closed. For the nine months to June, net profit fell 24.7 per cent to S$76.3 million. Looking ahead, Fraser and Neave (F&N) expects consumer sentiment in South-east Asia to be subdued.

AA Reit, Boustead Projects, Beyonics