AMSTERDAM: The Dutch brewer Heineken NV said Wednesday its first-half net profit rose by 42 percent on a mix of factors including cost cutting, positive currency effects and one-time gains.
Net profit was €695 million ($881 million), up from €489 million in the same period a year earlier. This year's figures include a net €121 million in exceptional gains, mostly due to the sale of Heineken's 68.5-percent stake in an Indonesian subsidiary to Asia Pacific Breweries for €157 million.
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