F&N's Q3 net profit down 9%

Singapore

FRASER and Neave (F&N) on Friday reported a 9 per cent drop in net profit to S$40 million for its third quarter ended June 30, 2015. Revenue rose 3.7 per cent to S$645.2 million.

The beverage cum printing-and-publishing company's earnings per share fell to 2.8 Singapore cents for the quarter, from 3 cents a year ago. This was after gain on disposal of discontinued operations and exceptional items.