F&N's full-year earnings dip 2.1%, hit by lower soda sales

Singapore

BEVERAGE and publishing company Fraser and Neave (F&N) on Wednesday posted a 2.1 per cent dip in net profit to S$149.2 million, as revenue fell 3.6 per cent to S$1.83 billion for its full year ended Sept 30, 2020.

Its revenue was hit by lower volumes from its soft drinks and publishing businesses, it said.

Revenue from its beverage segment fell 6.8 per cent year…

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