KUALA LUMUR: Fraser & Neave Holdings Bhd
’s (F&N Holdings) financial profile remains robust and is expected to remain sturdy, underpinned by its stable food and beverage (F&B) business and strong cashflow-generating ability.
RAM Rating Services said on Monday as at end-March 2014, F&N Holdings was in a near net-cash position while its gearing ratio stood at 0.25 times (end-September 2012: 0.29 times).
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